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President Donald Trump announced that Iranian funds held by the U.S. will be used to compensate for damages to ships caused by ongoing conflicts in the Middle East. This statement follows the collapse of a ceasefire agreement and may lead to retaliation from Iran, which asserts control over the Strait of Hormuz.
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President Donald Trump announced that Iranian funds held by the U.S. will be used to compensate for damages to ships caused by ongoing conflicts in the Middle East. This statement follows the collapse of a ceasefire agreement and may lead to retaliation from Iran, which asserts control over the Strait of Hormuz.
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Trump says Iranian money in US possession will pay for ship damage
Trump states U.S. will use Iranian funds for ship damage compensation