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Iran warns ships accepting compensation from its frozen assets will be barred from transiting Hormuz
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Iran's main military command, Khatam al-Anbiya Central Headquarters, said on Tuesday that vessels belonging to any country or company accepting compensation from Iran's frozen assets would not be allowed to transit the Strait of Hormuz, according to Iran's state-run broadcaster IRIB. 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. 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.