{"id":822925,"date":"2026-07-24T11:23:09","date_gmt":"2026-07-24T11:23:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/822925\/"},"modified":"2026-07-24T11:23:09","modified_gmt":"2026-07-24T11:23:09","slug":"tehran-slams-trumps-threat-to-use-frozen-iranian-assets-as-incendiary-us-israel-war-on-iran-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/822925\/","title":{"rendered":"Tehran slams Trump\u2019s threat to use frozen Iranian assets as \u2018incendiary\u2019 | US-Israel war on Iran News"},"content":{"rendered":"

President Trump says damages will be paid for by Iranian money that the US has \u2018in its possession, and controls\u2019.<\/p>\n

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Published On 24 Jul 202624 Jul 2026<\/p>\n

United States President Donald Trump has pledged to use frozen Iranian assets to pay for any damage to ships and cargo in the Strait of Hormuz, garnering strong condemnation from Tehran.<\/p>\n

Tensions between Iran and the US have escalated since the beginning of July as the two sides trade attacks and Tehran targets US military bases in the region.<\/p>\n

Recommended Stories list of 3 itemsend of list<\/p>\n

Washington completed its 13th consecutive night<\/a> of strikes on Iran late on Thursday, with Trump saying he is considering a \u201cmassive attack\u201d on the country, \u201cbigger than ever before\u201d.<\/p>\n

Writing on his Truth Social platform on Thursday, Trump said that damages would be paid for by \u201cIranian Money that the United States has in its possession, and controls\u201d.<\/p>\n

\u201cThese damages may be very substantial but, nevertheless, this is the fair and equitable thing to do,\u201d Trump added.<\/p>\n

Iranian Foreign Minister Abbas Araghchi condemned Trump\u2019s comments and said in a post on X on Friday morning that seizing another country\u2019s assets to \u201cpay for unrelated future claims is an incendiary precedent\u201d.<\/p>\n

\u201cThose who celebrate or profit from such funds should remember: once governments normalise confiscation, no one\u2019s assets are safe. Ensuing chaos will not be pretty or peaceful,\u201d he added.<\/p>\n

The case of Iran\u2019s frozen assets has been an issue that the two sides had been discussing in the now-collapsed memorandum of understanding (MoU) agreement that was signed between Tehran and Washington in June as a pathway to end the war.<\/p>\n

But the US and other governments have \u201cfrozen\u201d Iranian assets for decades.<\/p>\n

While the exact amount of frozen money belonging to Iran is not known, some estimates put it at about $100bn<\/a>.<\/p>\n

Washington first froze Iranian funds in 1979 after US citizens were taken hostage at the US embassy in Tehran.<\/p>\n

At the same time, Trump pledged \u201cmajor military punishment\u201d for Iran and its Houthi allies on Thursday after the Yemeni fighters struck<\/a> two Saudi oil tankers in the Red Sea.<\/p>\n

But on Friday morning, the Iranian army announced in a statement carried by the state Mehr News Agency that it had launched a new wave of drone attacks on US military installations in Bahrain and Jordan.<\/p>\n

Moreover, ship tracking data seen by the Reuters news agency found that the number of tankers crossing the Strait of Hormuz fell to just one on Thursday, the lowest level since May 7.<\/p>\n","protected":false},"excerpt":{"rendered":"President Trump says damages will be paid for by Iranian money that the US has \u2018in its possession,…\n","protected":false},"author":2,"featured_media":822926,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,5897,1259,44,41,39,42,40,772,1690,206083],"class_list":["post-822925","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-iran","tag-middle-east","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-united-states","tag-us-canada","tag-us-israel-war-on-iran"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/822925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=822925"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/822925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/822926"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=822925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=822925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=822925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}