Iranian Foreign Minister Seyed Abbas Araghchi slammed the U.S. decision to seize Tehran's assets to cover future attacks on ships as an "incendiary" precedent.

Araghchi took to X late Thursday and warned that once governments normalize confiscation, everyone's assets become vulnerable, inviting unrest.

"Ensuing chaos will not be pretty or peaceful," he said.

Seizing another nation's assets to pay for unrelated future claims is an incendiary precedent.Those who celebrate or profit from such funds should remember: once governments normalize confiscation, no one's assets are safe.

Ensuing chaos will not be pretty or peaceful.— Seyed Abbas Araghchi (@araghchi) July 24, 2026 Read Also: Rand Paul Warns US Is 'Worse Off' Nearly Five Months Into Iran War As Hormuz Snags Spike Energy Prices: 'By Any Objective Measure…' US Strikes, Trump Warns Iran On Thursday, President Donald Trump took to Truth Social and said Iranian funds held by the U.S. should be used to pay for any future damage to ships and cargo, calling it the "fair and equitable" approach.