Trump declares Strait of Hormuz 'joint venture' with Iran as Tehran's tollbooth is set to rake in $1million per ship: 'It's a beautiful thing'

Former President Donald Trump claimed the Strait of Hormuz is a 'joint venture' with Iran, suggesting Iran's toll collection on ships passing through the strait could generate $1 million per vessel. The statement was framed as a positive development, with Trump calling it 'a beautiful thing'.