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.
69 Articles
69 Articles
Trump Says US Using Iranian Funds To Pay For Cargo, Ship Damages
Donald Trump just stepped up the pressure on Iran. Trump said that the United States will be using Iranian money that the United States has to pay for “any and all damages done to Ships, Cargo, or anything related thereto.” Truth Social: 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 U…
In addition to continuing bombings, US President Trump is now trying to put Iran under pressure with financial demands. Tehran reacts outrageously.
Trump threatens to seize Iranian assets
The US president’s push to seek damages for attacked ships is an “incendiary precedent” that risks chaos, Tehran has said US President Donald Trump has threatened to seize frozen Iranian assets to cover “any and all damages” to ships and cargo damaged due to the conflict in the Middle East. Iran has hit back, with...
Trump is putting pressure on Iran with new attacks and financial demands. Damage to ships is to be paid with Iranian money.
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