Trump: U.S. should be reimbursed for guarding Strait of Hormuz

US President Donald Trump speaks during a Rose Garden Club event on the Rose Garden of the White House in Washington, DC, on July 6, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump on Monday said the U.S. is "going to get paid for guarding" the Strait of Hormuz, the major oil-shipping route and epicenter of the re-escalating war with Iran. "We're going to keep the strait, and we'll probably run it," Trump said in a phone interview with Fox News. "We'll become the guardian of the strait — maybe we'll call it the guardian angel of the strait," he said. "And we should be reimbursed for that." "We can't be expected to do that for nothing, unlike we had for many years," he added. "We guarded it for nothing, and now we're going to guard it, we're going to get paid for guarding it. A lot of money." This is developing news. Please check back for updates.