Iran Threatens to Block Ships in Hormuz Over Frozen Assets

Jul 29, 2026

63 min

Jul 29, 2026 01:30

Iran warns ships accepting compensation from its frozen assets will be barred from transiting Hormuz

## Iran's Warning to Ships

Iran has issued a stern warning to ships that accept compensation from its frozen assets, stating they will be prohibited from passing through the Strait of Hormuz. This announcement was made by Khatam al-Anbiya Central Headquarters, Iran's main military command, and broadcasted by state media.

## Dispute Over Compensation

The warning comes in response to U.S. President Donald Trump's declaration that Iranian funds, currently frozen and controlled by Washington, would be used to compensate for damages to ships in the Gulf. Trump made this statement while aboard Air Force One, emphasizing that the U.S. would not use its own funds for this purpose.

## Iran's Stance

Iran's military spokesperson criticized the U.S. for creating insecurity in the region, attributing the damage to an unsafe shipping route south of the Strait of Hormuz. The spokesperson reiterated that any vessel accepting such compensation would be barred from the strategic waterway.

## Ongoing Tensions

President Trump mentioned that conditions in the Strait of Hormuz have improved following U.S. military actions against Iran. He also noted that discussions between Washington and Tehran are ongoing, with Iran reportedly seeking a pause in hostilities. However, Trump warned that military action could resume if talks do not lead to an agreement.

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