CNBC
Trump claims total control of Hormuz, demands Iran pay reparations as standoff deepens
Tuesday, August 11, 2026
President Trump announced a position that the United States has total control of the Strait of Hormuz and demanded Iran pay reparations, according to Trump's statements on the matter. Iran's government responded with its own position regarding the strait and regional tensions. The two countries remained in disagreement over the terms for resolving their standoff despite both indicating interest in reducing regional hostilities.
