Iran demands U.S. pay for war damage before agreeing to reopen Strait of Hormuz

Iran doubled down on keeping the Strait of Hormuz closed until the U.S. meets a sweeping list of demands. President Trump scoffed at those conditions, especially paying reparations to Iran for damages caused by five months of U.S.-Israeli bombardments. The impasse comes as war appears closer in Yemen between a Saudi-backed coalition and Iran-backed Houthi rebels. Nick Schifrin reports.