Yesterday, Donald Trump was going to put a 20% fee on all cargo thru the Strait of Hormuz. [View all]
Today, he changed his mind? What happened?
Oman, the country on the opposite side of the Strait from Iran, came out with a statement expressing their support and partnership with Iran. Up to that point, Trump had divided the Strait of Hormuz into two different "lanes" - the Iran lane and the Oman lane. He had used the lane closest to Oman to help transport tankers thru the Strait, when they had the opportunity.
So Trump changed his mind. He will no longer charge a 20% fee to transit the Strait of Hormuz.
Today, he welcomed the Prime Minister of Iraq, Ali al-Zaidi to the White House. Mr. al-Zaidi has been the Prime Minister for exactly two months today. What kind of deal was he offering the new Prime Minister? He loves giving away American tax dollars.
A lot of machinations going on in the Middle East.
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