U.S. escalates strikes on Iran as Gulf tensions deepen

The United States has stepped up strikes on Iran in response to its attacks on shipping in the Strait of Hormuz, while Iran has launched attacks on American-allied Arab states. Meanwhile, U.S. President Donald Trump says that after productive conversations with Middle East leaders, he is backtracking on a proposed reimbursement fee for ships passing through the Strait of Hormuz. Instead, he said Gulf countries would invest in the United States.