Iran's Foreign Minister Alagzi: The US President was absolutely right. Any party that guarantees the safe passage of merchant ships through the Strait of Hormuz should be compensated for the corresponding service. Iran has always been the guardian of the Strait of Hormuz and will always assume this responsibility. The 20% share is clearly too high; we will uphold the principle of fairness.

Iran's Foreign Minister Alagzi: The US President was absolutely right. Any party that guarantees the safe passage of merchant ships through the Strait of Hormuz should be compensated for the corresponding service. Iran has always been the guardian of the Strait of Hormuz and will always assume this responsibility. The 20% share is clearly too high; we will uphold the principle of fairness.