Trump: All ships attacked will be compensated with Iranian funds

Amidst escalating tensions in the Strait of Hormuz, U.S. President Donald Trump has announced a new policy: any vessel or cargo suffering damage will be compensated using frozen Iranian assets under U.S. control. Trump declared on his Truth Social account that this measure, effective immediately and until further notice, is intended to be a "fair and equitable" response to the ongoing hostilities.

"From this point forth, any and all damages done to Ships, Cargo, or anything related thereto, will be paid for by Iranian Money that the United States has in its possession, and controls," Trump wrote on the social media platform. He added that while these damages might be substantial, the decision is the "fair and equitable thing to do."

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From this point forth, any and all damages done to Ships, Cargo, or anything related thereto, will be paid for by Iranian Money that the United States has in its possession, and controls.

This declaration follows a period of continued confrontation between the two nations. The U.S. President has consistently maintained a firm stance against Iran, particularly concerning its nuclear program. Trump has repeatedly stated that Iran must not be allowed to acquire nuclear weapons, asserting that the U.S. is effectively managing the conflict and preventing Tehran from pursuing such capabilities.

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These damages may be very substantial but, nevertheless, this is the fair and equitable thing to do.