Tehran, May 4 -- Iran's foreign ministry on Monday declared it is prepared to "respond to US threats" in the Strait of Hormuz, as the strategic waterway has become the latest flashpoint in the escalating standoff between Tehran and Washington triggered by Trump's announcement of "Project Freedom".

The "Project Freedom" underwhich the US forces will escort merchant vessels through the strategic corridor using missile destroyers and over 100 aircraft. The Project Freedom will be operationalised on Monday morning, the Middle East time, Trump said.

Foreign ministry spokesperson Esmail Baghaei, in a statement carried by the semi-official Mehr news agency, described Iran as the strait's "guardian and protector," making clear that any ship seeki...