On July 23, local time, US President Trump said that from now on, any damage to ships, goods and related assets will be paid for by Iranian funds held and controlled by the US. Trump said that the amount of related losses may be huge, but using Iranian funds to pay compensation is a “fair and reasonable approach.”

On July 23, local time, US President Trump said that from now on, any damage to ships, goods and related assets will be paid for by Iranian funds held and controlled by the US. Trump said that the amount of related losses may be huge, but using Iranian funds to pay compensation is a “fair and reasonable approach.”