US President Donald Trump has said that Washington may use frozen Iranian assets under US control to compensate for damage caused to ships, cargo and other property in and around the Gulf.
In a statement shared on Truth Social, Trump said that, until further notice, any damage to vessels, cargo or related property would be paid for using Iranian money held and controlled by the United States.
The statement comes amid heightened tensions in the Gulf and concerns over the safety of commercial shipping in the region. Any move to use frozen Iranian funds for compensation could have significant financial and diplomatic implications, particularly given the long-running tensions between Washington and Tehran.
Trump did not provide further details about the amount of Iranian assets that could be used, the legal process involved or how compensation claims would be assessed. The announcement also raises questions about how the US would determine responsibility for specific incidents and distribute any payments.
