Trump Threatens To Use Iranian Assets To Pay For Shipping Damage

Iran Herald · July 24, 2026 Sanctions

New posts 06:45 Trump Threatens To Use Iranian Assets To Pay For Shipping Damage Amid Tensions In The Strait of Hormuz US President Donald Trump has warned that any damage to ships or cargo amid ongoing tensions in the Strait of Hormuz would be compensated using Iranian assets held under US control, prompting a swift reaction from Tehran.