Iran blocks ships using frozen funds from Strait

The Iranian military leadership announced that passage through the Strait of Hormuz is prohibited for any vessel belonging to a company or country that receives frozen Iranian assets, in response to American statements about compensating ships damaged by Iran in the Gulf using those funds. The spokesman for the Khatam al-Anbiya headquarters confirmed Iran's rejection of these statements, warning that any vessel benefiting from the frozen assets will be unable to pass through the strait.

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