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Iran has issued a sharp warning over U.S. President Donald Trump's reported plan to use Iran's frozen assets to compensate ships allegedly damaged during recent Gulf tensions. An IRGC spokesperson said any country or company accepting such compensation could see its vessels barred from transiting the Strait of Hormuz. The warning comes amid heightened tensions in the Persian Gulf, where the Strait of Hormuz remains a vital global oil shipping route. Watch the full report for the latest developments, reactions, and what this could mean for global energy markets and regional security.

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~PR.462~GR.122~HT.96~VG.HM~
Transcript
00:00In the name of God, the most gracious, the most merciful.
00:02The American president, following aggressive actions and continuous efforts to destabilize the region,
00:09has announced that the damages to the vessels during the imposed war against Islamic Iran,
00:16due to the insecurity caused by the United States military
00:19and the violation of crossing an illegal and unsafe route south of the Strait of Hormuz,
00:25the damages will be paid from Iran's blocked assets.
00:30While warning the criminal president of the United States regarding the consequences of this illegal act
00:35to all companies and countries that welcome Trump's proposal
00:38and use Iran's blocked assets under this pretext,
00:44we hereby declare that from now on,
00:47the armed forces of the Islamic Republic of Iran
00:50will not allow any of their vessels to pass through the Strait of Hormuz.
01:10Iran spent months demanding the release of $24 billion in frozen assets as part of any peace deal.
01:17The Trump administration just responded
01:20by drawing up plans to spend that money on the countries Iran attacked.
01:25This is not a negotiating tactic.
01:27This is a statement.
01:29After escalating tensions in the Gulf,
01:31Iranian missiles and drones struck targets in Kuwait,
01:35Bahrain, Saudi Arabia, the UAE, and Qatar,
01:39some of America's closest partners in the region.
01:41One drone hit a Kuwait airport, people were injured,
01:45and Gulf governments, many of which host U.S. military bases,
01:49started sending Washington damage bills.
01:52So what does the Trump administration do?
01:54Treasury Secretary Scott Besant gets to work.
01:58According to the New York Post, Reuters, and CBS News,
02:02Besant has directed his team to, quote,
02:11We're talking $24 billion in frozen Iranian funds,
02:16over $1 billion in seized cryptocurrency,
02:19impounded vessels, and other confiscated assets.
02:22The plan covers future damage and may loop in past incidents once cost assessments are complete.
02:29No dollar figure has been announced yet, but the message is crystal clear.
02:33Iran's frozen money isn't a bargaining chip anymore.
02:36It's a checkbook, and America's writing the checks.
02:40Here's why this is such a big deal strategically.
02:43Iran has been at the negotiating table for weeks,
02:46and one of their core demands is getting that $24 billion back fast.
02:51It's been central to every ceasefire and deal discussion.
02:54By announcing this program, the U.S. is essentially saying,
02:58the longer this drags on, the less of that money will exist.
03:02Every missile Iran fires, every drone it launches,
03:06that's potentially another chunk of frozen assets redirected to repair the damage.
03:11Iran is literally funding the reconstruction of the countries it's attacking.
03:16Iranian officials have already warned this could escalate the conflict,
03:20and that's notable because the threat is landing.
03:23Gulf allies, meanwhile, have been quietly cooperating,
03:26freezing Iranian accounts, sharing intelligence,
03:30and requesting financial support from Washington as oil flows through the Strait of Hormuz,
03:35face disruption.
03:36This program formalizes that support.
03:39It's a coalition move, dressed up as a financial one.
03:43This fits directly into the Trump administration's maximum pressure playbook,
03:47squeeze Iran economically while keeping diplomatic back channels open
03:52through figures like Jared Kushner and Steve Witkoff.
03:55But it also raises real questions.
03:58What are the legal mechanisms?
03:59Which assets get targeted first?
04:02And if Iran walks away from negotiations, does this program expand?
04:07Implementation details are still being worked out,
04:09but the direction?
04:10That's already set.
04:12Iran wanted its money back.
04:14Instead, it may end up paying for the damage it caused.
04:19It may end up paying for the damage it caused.

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