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Trump Uses Iran's Frozen Assets to Fund Ship Damage Reparations

July 24, 2026·about 2 hours ago·via Fox News Politics
Trump Uses Iran's Frozen Assets to Fund Ship Damage Reparations
President Trump is taking decisive action against Iranian aggression in the Red Sea by leveraging Tehran's own frozen funds to pay for damages to American vessels. Rather than asking American taxpayers to foot the bill for Iranian-backed Houthi attacks, the administration is using financial tools already at its disposal - a smart, America-first approach that holds bad actors accountable with their own money. Read more about this...

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