"Incendiary precedent": Araghchi slams Trump over US plan to use Iranian assets for ship damage payments

Iran Herald · July 24, 2026 Sanctions

Tehran [Iran], July 24 (ANI): Iranian Foreign Minister Seyed Abbas Araghchi on Friday slammed US President Donald Trump's plan to use Iranian assets held by Washington to compensate for damages to ships and cargo transiting through strategic maritime waterways in West Asia, calling the move an 'incendiary precedent'.