Tehran: Iran on Tuesday warned that it will block the passage of commercial vessels belonging to companies and countries that use its frozen assets to compensate for damages linked to the recent conflict in West Asia. Referring to US plans to use Iranian assets, the spokesperson stated that compensation for vessels damaged during the conflict would be drawn from Iran's frozen funds. "The damages to vessels that were damaged during the imposed war against Islamic Iran due to the creation of insecurity by the US military and the violation of the illegal and unsafe route south of the Strait of Hormuz will be paid from Iran's frozen assets," the statement said. In a post on X, Araghchi warned that confiscating another country's assets to settle unrelated claims would undermine international norms and create wider instability. Those who celebrate or profit from such funds should remember: once governments normalise confiscation, no one's assets are safe.