Iran Reacts to Trump’s Threat to Use Iranian Assets to Compensate for Damage Caused to Ships
Iran has condemned U.S. President Donald Trump’s proposal to use frozen Iranian assets to compensate for damage to ships operating in and around the Strait of Hormuz, warning that the move could have far-reaching global consequences. According to The Times of Israel on Friday, July 24, 2026, Iranian Foreign Minister Abbas Araghchi described the proposal…