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U.S. President Donald Trump said that the United States will maintain control over the Strait of Hormuz and operate it in exchange for money, indicating that his country will continue to protect the strait after having done so for a long time without compensation, while Iran is accused of obstructing navigation through it. He added that Washington reached an agreement with Iran but then backed out of it, amid escalating tensions between the United States and Iran over the strait, including its temporary closure to maritime navigation.
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