Tehran slams Trump’s threat to use frozen Iranian assets for ships
Iran’s Foreign Minister Abbas Araghchi on July 24 condemned U.S. President Donald Trump’s pledge to use frozen Iranian assets to cover potential damage to ships and cargo in the Strait of Hormuz from military strikes.
“Seizing another nation’s assets to pay for unrelated future claims is an incendiary precedent,” Araghchi said in a post on X.
“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,” he added.
Araghchi’s remarks came after Trump said on July 23 that the United States would use Iranian funds already under Washington’s control to pay for any damage caused to ships, cargo or related assets in the Strait of Hormuz.
