President Donald Trump announced Thursday that America will tap frozen Iranian funds to cover expenses from vessel and cargo damage in the Gulf region. "Please let this statement serve to represent, until further notice, that from this point forth, any and all damages done to ships, cargo, or anything related thereto, will be paid for by Iranian money that the United States has in its possession, and controls," Trump posted on Truth Social.
The declaration marks a significant shift in how Washington intends to address losses from recent strikes affecting maritime traffic in the strategic waterway.
