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International · By NoorNews Editorial · July 28, 2026

US will use frozen Iranian assets to cover damages from shipping attacks in Hormuz: Trump

📎 2 reports · 1 language

According to Gulf News, former US President Donald Trump has stated that the United States intends to utilize frozen Iranian assets to provide compensation for damages resulting from shipping attacks in the Strait of Hormuz. The announcement comes amidst a period of heightened regional tension and ongoing diplomatic friction between Washington and Tehran.

This proposal marks a significant escalation in the economic measures being discussed regarding the ongoing maritime security challenges in the Gulf. The Strait of Hormuz remains a critical chokepoint for global energy supplies, and the security of commercial vessels navigating these waters has been a focal point of US military and diplomatic strategy. The use of frozen assets for such purposes would represent a shift in how the US manages sanctioned funds currently held in international accounts.

While the broader context of the US-Iran relationship is currently characterized by intense diplomatic activity and military posturing, this specific policy claim remains a singular report. Observers are monitoring whether this proposal will be formally integrated into official US foreign policy or if it serves as a component of broader political rhetoric. As the situation in the region continues to evolve, the international community remains focused on the potential for further economic and military developments.

Truth Score
75/100
Likely True

Why this score

The claim is reported by Gulf News as a specific policy statement attributed to Donald Trump regarding the use of frozen Iranian assets. While the broader context of US-Iran tensions is corroborated by multiple trusted wires, this specific policy proposal is currently attributed to a single source.

Cross-checked against

No corroborating trusted sources found.

Original report: Gulf News

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