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Security08:42 · 2h ago

Iran Warns US Against Seizing Frozen Assets to Fund Ship Compensation

SrugimReligious-right
Translated & summarized from Srugim by baba
The story · English

Iranian Foreign Minister Abbas Araghchi sharply criticized US President Donald Trump's announcement to use frozen Iranian assets to compensate ships damaged in recent incidents. Araghchi warned that seizing a nation's assets to pay for unrelated future claims sets a dangerous precedent that could extend beyond the Iran case and impact other countries and entities. He emphasized that normalizing such asset seizures threatens the security of assets held abroad by any state or individual, stating, "Once governments make asset seizure routine, no one's property is safe." Araghchi concluded with a stern warning about the broader consequences, saying the resulting chaos "will be neither beautiful nor peaceful." His remarks highlight Iran's concern over the implications of the US move on international relations and the stability of foreign-held assets. This response follows Trump's decision to allocate frozen Iranian funds for ship damage compensation, with Iran focusing on the precedent and risks this policy may create.

Read the original at Srugim
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