In remarks posted on his Truth Social account, former U.S. President Donald Trump says that if any ships are damaged, the costs would be paid using “Iranian money.” The comments come as tensions reportedly mount in the Strait of Hormuz, a key maritime passage connecting the Persian Gulf with the Arabian Sea. The articles note that the strait carries a significant share of global oil supply, underscoring the broader economic stakes associated with disruptions to shipping through the area. The sources present Trump’s statement as a warning or vow regarding potential financial compensation tied to Iranian assets. They do not provide additional details in the provided excerpts about the specific circumstances prompting the remarks, the mechanism for seizing funds, or how any payments would be implemented. The overall picture across the two items is that Trump makes a public pledge to link potential ship-damage costs to seized Iranian funds amid heightened concern over conditions in the Strait of Hormuz.
Trump says any damage to ships would be paid using seized Iranian funds
In remarks posted on his Truth Social account, former U.S. President Donald Trump says that if any ships are damaged, the costs would be paid using “Iranian money.” The comments come as tensions repor...
- Donald Trump posts a statement on Truth Social about paying for any ship damage using “Iranian money.”
- The comments are made as tensions are reported to be rising in the Strait of Hormuz.
- The Strait of Hormuz is described as a major global shipping route for oil.
- The reports do not include further specifics on how any seized funds would be obtained or distributed.
The commander-in-chief made the announcement on his Truth Social platform Thursday evening as tensions mount in the strait, through which one-fifth of the world's oil supply traverses.
1 hour agoThe commander-in-chief made the announcement on his Truth Social platform Thursday evening as tensions mount in the strait, through which one-fifth of the world's oil supply traverses.
1 hour ago
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