Trump says frozen Iranian assets will pay for damage to shipping

President Donald Trump declared Thursday that the United States will begin utilizing frozen Iranian assets to cover damages sustained by ships and cargo from strikes in and around the Gulf. The announcement, posted on his social media platform Truth Social, serves as a formal directive.

"Please let this statement serve to represent, until further notice, that 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 stated.

This policy shift indicates a new approach to handling incidents involving Iranian aggression or related activities in the sensitive waterway. The use of seized Iranian funds aims to directly link financial responsibility to the damages incurred, potentially increasing pressure on Iran.

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Please let this statement serve to represent, until further notice, that 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.