President Donald Trump said damages to ships and cargo in the conflict will be paid for out of Iranian funds
By Bernard Moerdler,
President Donald Trump said damages to ships and cargo in the conflict will be paid for out of Iranian funds held by the United States, in a post on Truth Social.
"Please let this statement serve to represent, until further notice, that from this point forth, any and all damages done to Ships, Cargo, or anything related thereto, will be paid for by Iranian Money that the United States has in its possession, and controls," Trump wrote. "These damages may be very substantial but, nevertheless, this is the fair and equitable thing to do."
Trump did not specify which funds would be used, how claims would be processed, or whether the measure applies to vessels of any flag.
Topics: Iran
Reported by Bernard Moerdler for Bernie News Network. See our editorial standards and corrections policy.