Tehran, 24 July (H.S.): Iran has strongly reacted to US President Donald Trump’s statement regarding the use of frozen Iranian assets to compensate for damages caused to ships in the Strait of Hormuz, warning that such a move could set a dangerous precedent for the international order.

Iranian Foreign Minister Abbas Araghchi cautioned that seizing a country’s assets in this manner would have serious consequences and undermine global financial stability.

According to Iran’s Fars News Agency and Türkiye’s state-run Anadolu Agency, Araghchi said in a post on social media platform X that confiscating another country’s assets to cover potential and unrelated claims in the future would be a highly provocative action.

He warned that if governments begin treating the seizure of foreign assets as a normal practice, no country’s property around the world would remain secure.

“Those who welcome or benefit from such confiscated assets should remember that once this practice begins, no one’s property will remain safe. The chaos resulting from this will neither serve global stability nor contribute to peace,” Araghchi said.

Trump had earlier announced that any damage caused to ships, cargo, or related assets in and around the Strait of Hormuz would be paid for using frozen Iranian funds held and controlled by the United States. However, he did not specify which particular funds would be used for the purpose.

Billions of dollars in Iranian assets have remained frozen for years under US sanctions. Trump’s remarks have further intensified tensions between Washington and Tehran, which have already been strained by ongoing military actions and retaliatory strikes in the region.

The latest development has raised fresh concerns over security and stability in the Middle East, where tensions between the United States and Iran continue to escalate.

---------------

Hindusthan Samachar / Jun Sarkar