Trump: Damaged Ships Could Be Compensated Using Frozen Iranian Funds

President Donald Trump announced that, until further notice, all damage to ships and cargo caused by attacks could be compensated using Iranian funds frozen under U.S. control. He also warned that any future Houthi attacks on commercial shipping would be treated as actions carried out on behalf of Iran, with Tehran held responsible.

President Donald Trump announced Wednesday that the United States plans to use frozen Iranian assets under American control to compensate victims of attacks on commercial vessels.

In a statement posted on social media, Trump said that, until further notice, all damage to ships and cargo resulting from attacks would be covered using Iranian funds held by the United States. He did not specify which frozen assets would be used or explain how the compensation process would work.

Frozen Iranian Assets

The announcement appears to reference Iranian funds that have been the subject of previous negotiations between Washington and Tehran. Earlier discussions included approximately $6 billion in Iranian assets held in Qatar, which had been proposed for humanitarian purchases, although those negotiations failed to produce a final agreement.

Warning to the Houthis

Trump also issued a warning regarding the Iran-backed Houthi terrorist group, stating that if the Houthis resume attacks on commercial shipping, the United States will treat those actions as operations conducted on Iran's behalf and hold Tehran directly accountable.

The statement underscores the administration's position that Iran bears responsibility for the actions of its regional proxy forces and signals a tougher approach toward threats against international maritime security.