Trump Announces Use of Frozen Iranian Assets to Compensate Shipping Losses

President Donald Trump announced on Thursday that the United States would begin using frozen Iranian assets to compensate for ships and cargo damaged by recent strikes in and around the Gulf. The statement came amid growing concerns over the safety of commercial shipping lanes in the region. Treasury officials said the assets would be earmarked specifically for compensation, although details on the mechanism remain unclear. The move is part of a broader U.S. strategy to counter Iran’s influence and could signal a shift in how sanctions are enforced.