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US to Use Frozen Iranian Funds to Pay for Damage to Ships
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The US has announced that it will use frozen Iranian funds to pay for damage to ships and cargo, amid escalating tensions over shipping routes. The move is part of a broader effort by the US to hold Iran accountable for its actions in the…
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US to Use Frozen Iranian Funds to Pay for Damage to Ships
US President Donald Trump announced that Washington will use frozen Iranian funds to pay for damage to ships and cargo, amid escalating tensions over shipping routes. The move is part of a broader effort by the US to hold Iran accountable for its actions in the region. The US has been critical of Iran's involvement in the conflict in Yemen and its support for Houthi rebels. The strikes are also aimed at reducing threats from the Islamic Revolutionary Guard Corps to commercial shipping. The US has warned that it is considering a 'massive attack' on Iran, 'bigger than ever before'.
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