Trump drops threat of strait of Hormuz tolls, saying Gulf states agreed ‘massive’ US investment instead – Middle East crisis live

US president claims shipping route is open for all except Iranian ships after another night of strikes on IranUS launches third night of strikes on Iran as Trump announces Hormuz blockadeResurgent oil and fuel prices could cement a fourth interest rate rise in Australia this year if Donald Trump’s renewed conflict with Iran is not resolved within a week, economists warn.US missile strikes on Iran and Trump’s announcement of a new maritime blockade has lifted oil prices to their highest point in the month since the two countries agreed to a peace deal. Continue reading...