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  • 6 hours ago
Iranian foreign minister Abbas Araghchi warned that using its frozen assets to cover shipping damage would set a dangerous precedent after Trump threatened to hold Tehran liable for Houthi attacks.
Transcript
00:00Iranian Foreign Minister Abbas Arachi has criticized U.S. President Donald Trump's proposal to use frozen Iranian assets to cover
00:08damage to ships damaged in the conflict.
00:11Arachi warned that seizing those funds could set a dangerous international precedent and undermine the security of foreign-owned assets
00:20worldwide.
00:22Arachi said normalizing the seizure of state assets would leave no country's property secure and could create global instability.
00:30His remarks came hours after Trump suggested frozen Iranian funds could be used to pay for damage to commercial ships
00:37and cargo.
00:38Trump also warned that Iran would be held responsible for attacks carried out by Yemen's Houthi group.
00:44The Houthis announced this week that they were imposing a naval blockade on Saudi Arabia and later attacked two Saudi
00:50oil tankers in the Red Sea.
00:52The attacks have widened the regional conflict and raised fresh concerns over disruption to global shipping routes beyond the Strait
00:59of Hormuz.
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