trump vows iran
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Trump vows Iran will foot bill for Gulf shipping damages

US President Donald Trump has announced that any financial or material losses incurred by commercial shipping in the Strait of Hormuz will be compensated directly using Iranian assets currently frozen under American control.

Trump stated that Washington intends to tap these seized funds to cover extensive damages to vessels and cargo resulting from ongoing maritime hostilities.

The strategic chokepoint, through which roughly a quarter of global seaborne petroleum transits, has experienced heightened disruption following a spate of recent attacks on commercial tankers. Washington attributes these strikes to Tehran, leading to sharp price volatility across international energy markets.

Iran has refuted claims of direct responsibility for several of the strikes, countering that US naval blockades and severe sanction measures are actively escalating regional instability.

In response to Washington’s intent to seize its capital reserves, Tehran warned that targeting its economic interests or maritime assets would provoke further countermeasures. Political observers note that while the measure aims to reassure commercial maritime operators, it risks severely aggravating diplomatic friction between Washington and Tehran.

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