Washington, Aug. 10 -- US President Donald Trump on Monday (local time) said Iran should pay reparations for the damage he claimed it had caused over the past 50 years, while asserting that the United States Navy has "100 per cent control" over the Strait of Hormuz.

Speaking to reporters at the Oval Office, Trump said, "The only one that has control of the Strait of Hormuz right now is the United States Navy. We have a blockade that's been infallible. It's a steel wall. And we let people in that we want to let in, and those people come in, and they've been coming in, and they're going out. We do not let them go into Iran. They're not admitted into the Strait to go to Iran. We control the Strait of Hormuz 100%."

Speaking about the next s...