US won't import oil through Strait of Hormuz, those who need it must protect it: Donald Trump

US President Donald Trump, in his address to the nation, said US imports almost no oil that travels through Strait of Hormuz and will not be taking any in future. "We don't need it and we haven't needed it," he added. Trump further said that countries that depend on Strait of Hormuz should take the lead in "protecting the oil".