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Tehran warns Trump on using Iranian funds for ship damages

Tehran warns Trump on using Iranian funds for ship damages

Tehran's oil sector condemned U.S. President Donald Trump's threat to use frozen Iranian assets to compensate for damages to ships in the Gulf, describing it as "a precedent that fuels the situation." Iranian Foreign Minister Abbas Araqchi expressed concern that confiscating another country's assets to settle future claims is an illegal step that heightens regional tensions. This came after Trump announced that damages inflicted on ships attacked by Iran would be compensated from Iran's assets held by the United States, emphasizing that any harm caused to ships, cargo, or others would be paid from those funds.

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