Audio By Carbonatix
Donald Trump reverses his threat of a toll on ships in the Strait of Hormuz, as the US prepares to resume its blockade of Iran's ports.
On Monday, the US president said he would impose a 20% charge on all cargo shipped through the key oil shipping route.
The toll will be replaced with "trade and investment deals" with Gulf states.
Earlier, Iranian state media reported that explosions were heard near two Iranian port cities, Bandar Abbas and Bushehr.
It followed another night of strikes between the US and Iran, with Iran's Islamic Revolutionary Guard Corps saying it hit two UAE tankers in the Strait of Hormuz - the UN's maritime agency says at least two seafarers were killed.
The US military said it completed strikes on targets overnight aimed at degrading "Iran's ability to attack commercial shipping".
Latest Stories
-
Spotify unveils Wizkid & Olamide’s exclusive Afro Nation Portugal performances
7 minutes -
Judicial Service honours former Chief Justices, retired judges at awards night
24 minutes -
Clergy not silent on galamsey – Methodist Minister rejects claims
25 minutes -
Revive distressed state enterprises to create jobs—ICU to govt
26 minutes -
GNAPS question BECE results credibility, cites grade inconsistencies
26 minutes -
Heartbreak for St. Paul’s SHS as Abor SHS overturn deficit to reach 2026 NSMQ Championship
28 minutes -
The degree factory Vrs. The flexible core: Rethinking UGSoL’s approach To Master’s curriculum design
36 minutes -
Oil prices fall on hopes Strait of Hormuz could reopen
40 minutes -
EPA launches methane emissions guidelines for Ghana’s oil and gas sector
45 minutes -
Michael Blackson blasts UG Medical Centre over mother’s death
46 minutes -
Cape Verde coach Bubista resigns to join RS Berkane
47 minutes -
Anlo SHS sweeps aside Dzodze-Penyi SHS, Tsito SHTS to book 2026 NSMQ ticket
52 minutes -
Zion College ends Abor SHS, Sokode SHTS’ 2026 NSMQ dreams with commanding victory
59 minutes -
JoyNews’ Maame Esi Nyamekye Thompson hosts CDD’s Kronti ne Akwamu public lecture
1 hour -
Employees leave when they stop feeling seen and valued – Oluwarotimi Dada
1 hour