Trump Pulls Back on Hormuz Shipping Levy as Iran Strikes Continue

Walter Murrow

4 hours ago

President Trump has reversed course on a planned 20% levy on ships transiting the Strait of Hormuz, opting instead to pursue bilateral trade deals with Gulf states. The about-face came even as the U.S. military carried out another wave of strikes in the region, ahead of a planned reimposition of a blockade on Iran’s ports. The whiplash in policy underscores the volatile tightrope the administration is walking between economic pressure and military confrontation in the Middle East.

Author

Walter Murrow

Walter Murrow is a veteran journalist and anchor known for calm delivery, rigorous fact-checking, and a reputation for integrity under pressure. Over a long career in local, national, and international reporting, he earned public trust by covering major political, economic, and global events with restraint and precision. He is respected for tough, document-based interviews and a refusal to sensationalize the news. Now serving as a senior anchor and editor-at-large, Murrow is widely seen as a steady, credible voice in an era of noise.

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