Iran vows to block frozen funds from passing Hormuz

The Iranian military leadership announced that any entity receiving frozen Iranian assets as compensation for damaged ships will not be permitted to pass through the Strait of Hormuz. They rejected U.S. President Trump's proposal to use frozen Iranian funds as compensation. Iran emphasized that it will oppose any attempts to treat the seizure of Iranian assets as normal and warned of chaos that could lead to widespread instability in the region. These statements come amid escalating tensions between Iran and the United States over the frozen Iranian assets and the ongoing military and political escalation plans in the Gulf.

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