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CNBC World NewsJul 14, 2026
CNBC Daily Open: Trump walks back on Hormuz tolls in TACO Tuesday
U.S. President Donald Trump has reversed his announcement on imposing fees on ships transiting the Strait of Hormuz

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Trump retreat over Hormuz tolls suggests he is struggling to end Iran war (BBC Front Page)

ABC NewsJul 14, 2026
Iran live updates: US carries out latest round of strikes, resumes naval blockade
President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.

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U.S. strikes Iran before Hormuz Strait blockade restarts (CNBC World News)

CNBC World NewsJul 14, 2026
Oil prices rise as U.S. launches new Iran airstrikes, while Trump abandons Strait of Hormuz fee
Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.

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Trump Drops Plan to Tax Ships in Strait of Hormuz as Fighting with Iran Escalates (NYT Middle East)
Trump's Canceled Plan to Charge a Toll in the Strait of Hormuz: What to Know (NYT Middle East)

Int'l Herald TribuneJul 14, 2026
At War With Iran Again, Trump Finds an Opponent He Cannot Easily Dominate
The president is accustomed to forcing other countries to bend to his will. But he is struggling to come up with a strategy to extract Iranian concessions as the cease-fire he brokered collapses.
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