Iran Plans to Sell Seized US and Israeli Ships

Iran intends to sell vessels it has detained, which it claims belong to the United States and Israel, with the proceeds earmarked for compensation payments. The announcement was made by Hassan Abdoliyanpour, head of the Center for Lawyers of the Judicial Power, according to the Tasnim agency. Abdoliyanpour stated that several maritime vessels belonging to the US and Israel were seized in the Persian Gulf and the Strait of Hormuz based on prior judicial rulings. The funds generated from the sale are intended to compensate for material and moral damages suffered by individuals and families affected during periods of conflict. The Persian Gulf and the Strait of Hormuz are recognized as areas of heightened tension where incidents involving the detention of commercial and military vessels by various states are frequent. Experts suggest that such actions by Iran could further escalate tensions with Washington and Jerusalem, given the critical role these waterways play in global trade and energy supply chains. Specific details regarding the upcoming auctions, including the exact timeline and the list of ships to be sold, have not yet been disclosed. Officials are continuing to assess the value of the seized assets for their eventual sale through judicial procedures.