US says it will use frozen Iranian assets to fund damage to ships as strikes continue
President Donald Trump said damage to ships and cargo would be paid for by Iranian funds frozen by the US after new strikes by Houthi rebels in Yemen further strained global energy flows.
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National story. 6 articles from 6 sources. 5 are on the bar; 1 is an international, entertainment or tech outlet, listed separately. Updated Jul 24, 2026.
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3 sourcesTrump Announces Plan to Put Frozen Iranian Money to a Fitting Use
Trump says Iranian money in US possession will pay for ship damage
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1 articleTehran slams Trump’s threat to use frozen Iranian assets as ‘incendiary’
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