Iranian Foreign Minister Warns Trump: 'Using Frozen Funds Sets a Bad Precedent'

Iranian Foreign Minister Abbas Arakchi has responded to US President Donald Trump's statement regarding Iran's frozen assets. Arakchi stated that using another country's assets to meet future unrelated claims would set a 'dangerous precedent'.Arakchi evaluated Trump's statement that damages to ships and cargo in the Strait of Hormuz would be compensated from Iranian funds controlled by the US. Referring to Iran's assets frozen by the US, Arakchi stated

Seizing another country's assets to meet future unrelated claims would set a dangerous and provocative precedent. Those who celebrate or benefit from such funds should remember that when governments normalize seizing assets, no one's property will be safe. The chaos that would result from this would be neither beautiful nor peaceful.

.Trump had previously announced on social media that until further notice, any damage to ships and cargo in the Strait of Hormuz would be compensated from Iranian funds held and controlled by the US.