11:59 - 20.07.2026

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July 20, Fineko/abc.az. US Secretary of State Marco Rubio said that a number of Gulf countries are ready to invest in the U.S. in exchange for ensuring freedom of navigation through the Strait of Hormuz.

He added that Washington will continue to protect international transportation, but expects more participation from partners - financial or resource.

Rubio noted that the countries of the region will be able to invest on the condition of stable oil and gas supplies to global markets. Earlier, US President Donald Trump proposed receiving up to 20% of cargo's value for security in the Strait, but later abandoned this idea in favor of trade and investment agreements with the Gulf countries.