Iran accuses US of seeking to legitimize asset seizure
This digest was compiled by AI from multiple sources — links to the originals are below.
Iranian Foreign Minister Abbas Araghchi warned that a US proposal to use frozen Iranian assets to compensate for damage from the naval blockade of the Strait of Hormuz sets a dangerous precedent. President Donald Trump announced the plan on Thursday, aiming to redirect Iranian funds held under US control. Araghchi said on social media that normalizing asset seizure would leave no country's assets safe.
The US Proposal
President Donald Trump announced Thursday that Washington intends to use frozen Iranian assets under US control to compensate for damage caused to ships and cargo during the ongoing US naval blockade of the Strait of Hormuz. The plan would redirect funds that Iran claims as its sovereign assets. No specific amount or timeline has been disclosed.
Iran's Warning
Foreign Minister Abbas Araghchi called the asset seizure a 'dangerous precedent' that undermines the principle of property inviolability. In a post on social media platform X, he wrote: 'Those who welcome the use of these funds should remember: once governments begin to consider confiscation of property as the norm, no one's assets can be considered protected.' Araghchi warned the move could trigger a chain reaction in international relations.
What's Next
The US has not specified when the asset transfer would begin or how the compensation mechanism would work. It remains unclear whether Iran will pursue legal action or retaliatory measures against the blockade.
1 source
Iran accuses US of seeking to legitimize asset seizure
