Iran, Oman propose scrapping ship transit fees in Strait of Hormuz: CBS
CBS reports Iran and Oman have proposed eliminating ship transit fees in the Strait of Hormuz, as Trump warns Iran of severe consequences.
Key Takeaways
AICBS has reported that Iran and Oman have put forward a proposal to eliminate ship transit fees in the Strait of Hormuz.
Meanwhile, US President Donald Trump stated that the Strait of Hormuz will either reopen very soon or Iran will face a severe blow.
Trump added that he is in no rush regarding Iran and that negotiations have taken place throughout the day. He continued: "We were prepared to launch an attack on Iran that would have been the largest since World War II."