Trump withdraws Hormuz tolls threat but says US will continue to blockade Iran

• 01Donald Trump reversed a previous announcement regarding a 20% toll on ships in the Strait of Hormuz, stating the fee was scrapped due to "highly productive conversations with Middle East leadership" and replaced with offers of investment and trade deals.
• 02The US military conducted airstrikes in Iran on Tuesday morning that lasted until midday, targeting port cities including Bushehr and Bandar Abbas, aiming to "degrade Iran’s ability to attack commercial shipping."
• 03In retaliation for US strikes, Iran targeted Bahrain, Jordan, and two tankers associated with the United Arab Emirates in the Strait of Hormuz; Bahrain intercepted several attacks and accused Iran of targeting civilians, while Jordan intercepted four missiles.
• 04Iranian attacks on two tankers resulted in the death of one Indian seafarer and injuries to ten others, prompting the Indian foreign ministry to summon Iran’s deputy ambassador and lodge a strong protest.
• 05US strikes on Iran have killed at least 28 people since the previous week, according to an Agence France-Presse tally.
• 06Israeli Prime Minister Benjamin Netanyahu warned Iranian leaders not to attack Israel, stating, "do not count on things remaining quiet if you attack us" and promising a "decisive blow" in response.
• 07The European Union Aviation Safety Agency issued a warning for airlines to avoid flying over Bahrain, Kuwait, Qatar, the UAE, and the Gulf of Oman due to "unpredictable military developments."
• 08Crude oil prices rose to a four-week high of more than $86 a barrel on Tuesday, though this remains below the peak of nearly $120 a barrel seen during the war.
• 09The US and Iran are approximately halfway through the 60-day negotiation period outlined in a memorandum of understanding meant to lead to a permanent truce, with little progress reported on issues including the Strait of Hormuz and Iran’s nuclear program.
• 10Lebanese and Israeli delegations met in Rome on Tuesday for US-mediated negotiations regarding an Israeli withdrawal from over 600 square kilometers of Lebanese territory.

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The US military resumed airstrikes on Iranian port cities including Bushehr and Bandar Abbas, prompting Iran to launch retaliatory attacks on Bahrain, Jordan, and vessels in the Strait of Hormuz. President Trump simultaneously reversed a threat to impose a 20% toll on shipping in the strait, citing new diplomatic engagements, while maintaining a naval blockade of Iranian ports. These escalating hostilities, which have resulted in at least 28 deaths in Iran and casualties among Indian nationals, have further hindered ongoing negotiations for a permanent truce with Iran and regional stability talks with Israel.