US may take over Strait of Hormuz and take 20% of oil passing through it: Trump

US President Donald Trump said the country may take over the Strait of Hormuz, "if they have to," and collect tolls, as per a Fox News correspondent. The President added that this may involve US "taking 20% of the oil that passes through the strait". This comes as Iran said it's closing it in response to Israeli strikes on Hezbollah.