US 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.

US 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. Link Tehran slams Trump’s threat to use frozen Iranian assets as ‘incendiary’ President Trump says damages will be paid for by Iranian money that the US has 'in its possession, and controls'.