Trump rejected the premise that the payment was to encourage voter turnout.
Both the U.S. and Iran are seeking to exert control over the Strait of Hormuz
However, the president cannot unilaterally change the name of a state.
The Supreme Court is poised to resolve the dispute before the November election.
The White House website on Thursday unveiled Arcade, a collection of five low-resolution video games that promote different aspects of President Donald Trump's agenda.
Interior Secretary Doug Burgum made the announcement on social media.