Trump says Iran funds under U.S. control will cover ship and cargo losses

Trump says Iran funds under U.S. control will cover ship and cargo losses

N
News Editor
2026-07-23 22:42:47
BlockBeats reported on July 24 that U.S. President Donald Trump said that, until further notice and effective immediately, any and all damage involving ships, cargo, or anything related to them will be compensated using Iranian funds currently held and controlled by the United States. Trump said that even if the total compensation ends up being very large, he considers the arrangement fair and reasonable. The statement did not include additional details on scope, timing, or implementation.
Donald TrumpIranian fundsship lossescargo lossesBlockBeatsnewsflash

According to BlockBeats on July 24, U.S. President Donald Trump said that, until further notice and effective immediately, any and all damage to ships, cargo, or anything related to them will be compensated with Iranian funds currently held and controlled by the United States.

Trump said that even if such compensation could be very large, he still viewed the approach as fair and reasonable.

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