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News of Bahrain
World24 July 20261 min read

Iran Slams Trump’s Threat to Use Frozen Assets for Shipping Damage

Tehran: Iran has condemned US President Donald Trump's threat to use frozen Iranian assets to pay for damage to shipping, calling it an 'incendiary precedent' as tensions in the region continue to rise. Iran slammed US President Donald Trump's thre

Editorial Team Legacy

Published 24 July 2026, 8:00 · Updated 18:11

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Iran Slams Trump’s Threat to Use Frozen Assets for Shipping Damage

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Tehran: Iran has condemned US President Donald Trump’s threat to use frozen Iranian assets to pay for damage to shipping, calling it an ‘incendiary precedent’ as tensions in the region continue to rise.

Iran slammed US President Donald Trump's threat to use frozen Iranian assets to compensate for shipping damage, calling the proposal a "incendiary precedent" amid rising regional tensions.

The threat comes after Trump stated that Iran could be held financially liable for vessel damage as attacks and disruptions along vital Middle Eastern trade routes escalate. Tehran warned that using a foreign country's blocked state assets to settle such claims would set a hazardous precedent and further disrupt international ties.

The issue comes as US-Iran tensions rise, with marine security worries hurting critical shipping routes and global oil markets.

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