Iran Hits Out At Trump's Plan To Use Frozen Assets To Pay For Damage To Shipping: 'Incendiary Precedent'

Iran has strongly condemned the US plan to utilize frozen Iranian assets to pay for shipping damages resulting from Gulf strikes. Iranian officials described the proposal as an incendiary precedent, warning that such actions could undermine established financial norms and trigger widespread global instability. This development follows threats from Trump to repurpose these assets, contrasting with potential reconstruction funding discussions linked to a US-Iran deal projected for 2026, which currently shows a 28.5% probability.