ET Now

Trump's Major Hormuz U-Turn! Gulf Billions Replace Strait Toll Plan | Big Win For Global Oil Trade?

President Donald Trump has officially backed away from his proposed Strait of Hormuz toll plan, saying Gulf nations have instead pledged record investments in the United States. During his meeting with Iraqi Prime Minister Ali al-Zaidi, Trump also announced plans for major US-Iraq energy partnerships, expanded oil production, and stronger economic ties. Here's what this policy shift means for global oil markets, Middle East geopolitics, and countries like India that rely heavily on Gulf energy supplies. control your money with economic times now. #etnow #businessnews #donaldtrump #straitofhormuz #iraq #gulfstates #oilprices #globaleconomy #worldnews #geopolitics YouTube Channel - https://www.youtube.com/@ETNow Subscribe To ET Now For Latest Updates On Stocks Market News , Business News, Company News, IPO & More | https://bit.ly/SubscribeToETNow Subscribe Now To Our Network Channels :- ET Now Swadesh: https://www.youtube.com/etnowswadesh Times Now: http://goo.gl/U9ibPb Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC Website - https://www.etnownews.com Download our App for Breaking News: https://tinyurl.com/4y6e3u2e Follow us on Google News for latest updates ET Now: https://news.google.com/publications/CAAqBwgKMK3HxQsw0OLcAw?hl=en-IN&gl=IN&ceid=IN%3Aen Times Now Navbharat: https://bit.ly/3zDaKJo Times Now : https://bit.ly/3CyrrYg Zoom: https://bit.ly/3CEK0dv