Trump says U.S.-held Iranian funds will pay for ship damage

The statement links compensation for damage to ships to Iranian money held by the United States, outlining how Trump says those costs would be covered.

Summary

President Trump said all damages done to ships would be paid for using Iranian money that the United States has in its possession. The remark indicates that compensation would come from Iranian funds already under U.S. control, though no amount, timeline, or mechanism was provided in the statement.

Terms & Concepts