Trump threatens to use frozen Iranian assets to pay for shipping damage
Trump said frozen Iranian funds will cover ship damage as tanker traffic through the Strait of Hormuz fell to one vessel, Reuters reported.
- United States President Donald Trump pledged to use frozen Iranian assets to pay for any damage to ships and cargo in the Strait of Hormuz.
- Iranian Foreign Minister Abbas Araghchi condemned Trump's plan, calling it an incendiary precedent and warning that confiscation of assets would lead to chaos.
- Tanker traffic in the Strait of Hormuz dropped to its lowest level since May 7 amid rising tensions.
- Iran launched drone attacks on US military bases in Bahrain and Jordan, escalating tensions as Trump considered a massive attack on Iran.
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90 Articles
U.S. President Donald Trump said Thursday that damage to ships, cargo or other related goods will be paid with Iranian money under U.S. control, in a new warning addressed to Tehran in the midst of growing tensions between the two countries. “From now on, everyone ... Continue reading “Trump threatens to use Iran's funds to pay for ship and ship repairs in the midst of conflict” The post Trump threatens to use Iran's funds to pay for ship and sh…
Trump Threatens To Seize Iran's Assets To Cover “Any And All Damages” Done to Ships And Cargo
United States ruler Donald Trump has threatened to seize Iranian assets in order to cover “any and all damages” done to ships and cargo in the Middle East, due to the war he and Israel started on February 28th. Iran’s Foreign Minister Abbas Araghchi warned that this move sets an “incendiary precedent” that could have global ramifications. The US has, historically, been unconcerned with the precedents it sets. It tends to carry a “do as I say, no…
Iran Warns US Asset Grab Will Unleash Chaos — Foreign Minister
from Sputnik News: Seizing another nation’s assets to pay for “unrelated future claims” sets an incendiary precedent, Iranian Foreign Minister Abbas Araghchi warned after Trump vowed to use frozen Iranian money for future shipping damages. “Once governments normalize confiscation, no one’s assets are safe. Ensuing chaos will not be pretty or peaceful,” Araghchi wrote on […]
U.S Will Use Iranian Funds To Pay For Ship Damages In Strait Of Hormuz, Trump Announces
Image for representation purposes only U.S. President Donald Trump said on Thursday the United States would use Iranian funds under its control to pay for damage to ships, cargo and related property. “Please let this statement serve to represent, until further notice, that from this point forth, any and all damages done to Ships, Cargo, or anything related thereto, will be paid for by Iranian Money that the United States has in its possession, a…
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