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Ships taking funds to face Hormuz ban: Iran
['Nagaland Post']
Nagaland Post
A spokesman for the headquarters rejected US President Donald Trump’s statement that ships damaged by Iran in the Gulf would be compensated using Iran’s frozen funds.
The spokesman said Iran’s armed forces would bar the vessels of any country or company accepting such compensation from transiting the strait.
On Monday, President Trump has said Iranian funds controlled by Washington will be used to compensate for damage caused to ships in the Strait of Hormuz during the conflict.
He rejected the suggestion that the United States would use its own funds to reimburse shipping companies.
The president said conditions in the Strait of Hormuz had improved after US military operations against Iran.