
Qatar· DohaUS to Seize Iranian Funds for Damages to Ships and Cargo
President Trump announced that any future damage to ships or cargo will be paid for with frozen Iranian funds held by the United States.
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US Threatens to Seize Iranian Assets for Damages in Strait of Hormuz
First report 4h agoLast update 2h agoIran's Foreign Minister Abbas Araqchi condemned the seizure of a nation's assets for unrelated future claims as a dangerous and conflict-fueling precedent that would destabilize global assets.
President Trump declared that Iranian funds in the US would be used to compensate for any damages to ships or cargo in the Strait of Hormuz, deeming it a fair measure.
Iran has reportedly rejected a US proposal, conveyed through Iraq, to resolve the Strait of Hormuz crisis and resume negotiations.
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