Stalemate between two countries deepens as President Trump mirrors Iran's demand for compensation and claims U.S. controls the Strait of Hormuz

The US appears locked in Groundhog Day-style holding pattern as Iran’s leaders stick to their guns over keeping control over the Strait of Hormuz under any negotiated settlement.

President Trump signaled he would be piling economic pressure on Tehran as the stalemate continued and Iran laid out new conditions to re-open the Strait of Hormuz.