Trump said the United States would 'keep the strait' and control access to it, suggesting the U.S. be 'reimbursed for that.' Iran's military said Tehran would not allow the U.S. to intervene in managing the strait, warning that any unauthorized transit would be 'strongly confronted'

WASHINGTON -- US President Donald Trump on Monday said that the United States would probably take control of the Strait of Hormuz and should be paid for doing so.

Follow the latest news on the major headlines of the day.

President Trump announced the United States will guard the Strait of Hormuz. He stated America will act as the waterway's guardian and receive payment. Trump accused Iran of…