Live Updates: Trump demands Iran pay compensation after Tehran makes conditions for reopening Strait of Hormuz

President Trump demanded Monday that Iran compensate victims' families and Middle Eastern countries after Tehran said it wouldn't reopen the Strait of Hormuz without being compensated for war damage, among other demands. Mr. Trump told Axios the U.S. is only "semi-negotiating" with Iran and signaled he would allow economic pressure to pile on Tehran. President Trump told reporters Monday that the U.S. controlled the Strait of Hormuz but admitted that Iran "can make trouble" in the key waterway. "We control the strait 100%," Mr. Trump told reporters in the Oval Office after signing an executive order. "Now, can they make trouble? Yeah, they can make trouble, but they're broke, they have no money." After Iran made compensation for war damage one of its conditions for reopening the Strait of Hormuz, President Trump responded with his own demand for compensation Monday. "I am likewise demanding compensation from Iran, for all of the people that they have killed and gravely wounded with their roadside bombs and many conflicts," Mr. Trump said on his Truth Social platform. He also said Iran should pay "the families of the hundreds of thousands of innocent protestors that Iran has killed over the last 50 years, not to mention the 52,000 that have been killed in the last five months." Mr. Trump said he's instructed his representatives "to put this firmly into any, and all, future negotiations." Iranian Foreign Minister Abbas Araghchi told journalists on Sunday that Tehran is not engaged in any negotiations with the United States. "Yes, there is an exchange of messages through intermediaries, but this is not called negotiations," he said. Araghchi said there was "no possibility" of resuming negotiations until the U.S. "compensates" for its violations of the memorandum of understanding. President Trump said on Sunday that the U.S. is "low-keying" negotiations with Iran. "We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact they have no money," Mr. Trump told Axios during a phone interview. "It will work out. It always works out. It's like a chess game," Mr. Trump said. Iran's politburo-like body known as the Supreme National Security Council said the Strait of Hormuz will not open until the United States "corrects its behavior," issuing new demands that could shake up talks on a deal to manage the waterway and traffic on it. Iran's state broadcaster published the statement by the council's secretary, Mohammad Bagher Zolghadr. The U.S. must never threaten Iran again, the statement said, and must permanently end the war with Iran and its armed allies in the region. The U.S. must lift the naval blockade of Iranian ports and withdraw its military from the area. It also must "completely compensate" Iran for war damage, lift sanctions and "unconditionally" release frozen assets.