Trump walks back on Hormuz toll as U.S. reinstates Iran naval blockade

• Trump drops the 20% Hormuz toll plan, citing 'highly productive conversations' with Middle East leadership and replacement by Gulf state 'trade and investment deals' in the US.
• The US naval blockade of Iranian ports remains in effect, leading Iran's IRGC to threaten blocking other vital seaways like Bab al-Mandeb.
• President Trump escalates rhetoric, threatening to hit Iranian power plants and bridges next week if Iran doesn't return to negotiations.
• Gulf allies and experts express confusion and a lack of clarity regarding the US strategy, noting the 'escalate to de-escalate' tactic is wearing thin.

The video reports on escalating US-Iran tensions, despite President Trump abandoning plans for a 20% toll on goods through the Strait of Hormuz. The fee is to be replaced by Gulf state investments, though no new pledges are confirmed. The US naval blockade of Iranian ports continues, leading to Iranian threats to block other vital seaways and Trump's threats of further military strikes.