Update: US President Trump said in a telephone interview with Fox News today, “We want to take over the Strait of Hormuz, and Iran has nothing.” He also said, “We are doing our part to protect the Strait of Hormuz; we have to pay for this.” Trump also accused Iran of being “a bunch of bad guys,” “breaking the memorandum of understanding with the US,” and said “America should be compensated.”

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.