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Trump hints US could take over Strait of Hormuz, seek payment for security

by Muhammad Shehu
July 14, 2026
in Business Scene
0
Trump says Venezuela will be ‘turning over’ up to 50 million barrels of oil to US

Donald Trump, 45th and 47th U.S. President

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US President Donald Trump has said the United States would likely take over the Strait of Hormuz and should be compensated for securing the strategic waterway amid escalating tensions with Iran.

Speaking in a phone interview on Fox News’ Fox & Friends on Monday, Trump said the US would assume responsibility for protecting one of the world’s most important oil shipping routes.

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“We’re going to keep the strait, and we’ll probably run it. We’ll become the guardian of the strait. Maybe we’ll call it the guardian angel of the strait. And we should be reimbursed for that,” Reuters quoted him to have said.

Trump added that Washington should be paid by countries that benefit from the waterway’s security.

“We’re going to guard it. We’re going to get paid for guarding it – a lot of money.

“We’re going to be reimbursed, because the other nations are very wealthy. They’re on our side, and we can’t be expected to do that for nothing,” he said.

The comments come as the Strait of Hormuz remains at the centre of heightened tensions between the United States and Iran.

On saturday, Iran announced the closure of the waterway following what it described as an unauthorised transit and said on Sunday that shipping would remain suspended until “stability and calm” were restored.

Trump accused Tehran of reneging on previous agreements.

“We had a deal. It was a done deal, and then they broke it. They always break it. We’ve had 10 deals with these people, and so we’re just going to hit them very hard,” he said.

Meanwhile, Iran’s Revolutionary Guards said the only way to restore normal shipping through the strait was for the United States to end its military operations in the waterway.

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