Archive · 29 Jul 2026
Iran Threatens to Block Hormuz Over Frozen Assets
Iran has 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.
The US has stated that it will use Iranian assets held by the US to pay for damages to ships and cargo.
Iran's Foreign Minister has criticized the move, calling it an incendiary precedent that could lead to wider instability.
The Strait of Hormuz is a strategic maritime waterway, and Iran has threatened to prevent vessels from passing through it if any country or company acts on the US plan.
Iran warns it will block vessels using its frozen assets for compensation.
US plans to use Iranian assets to pay for damages to ships and cargo.
Iran's Foreign Minister criticizes the move as an incendiary precedent.
Strait of Hormuz is a strategic maritime waterway in West Asia.
Iran threatens to prevent vessels from passing through the Strait of Hormuz if any country or company acts on the US plan.
- Who
- Iran and the United States
- What
- Iran threatens to block the Strait of Hormuz over the use of its frozen assets by the US to compensate for damages.
- When
- The statement was issued on Tuesday.
- Where
- The Strait of Hormuz, West Asia.
- Why
- Iran views the use of its frozen assets for compensation as illegal and a violation of international norms.
Iran's Perspective
US Perspective
Use of Frozen Assets
Iran's Perspective
Iran views the use of its frozen assets for compensation as illegal and a violation of international norms.
US Perspective
The US sees using Iran's frozen assets to compensate for damages as fair and equitable.
Strait of Hormuz
Iran's Perspective
Iran threatens to block vessels from countries or companies using its frozen assets from passing through the Strait of Hormuz.
US Perspective
The US has not directly responded to Iran's threat but has stated it will use Iranian assets to pay for damages.
- Strait of Hormuz
- A strategic maritime waterway in West Asia.
- Frozen Assets
- Iranian assets held and controlled by the United States.
- US President
- Donald Trump
- Iran's Foreign Minister
- Seyed Abbas Araghchi
- Iran's Khatam al-Anbiya Central Headquarters
- Issued the statement warning about the use of frozen assets.
- Islamic Republic of Iran Broadcasting (IRIB)
- Carried the statement by Iran's Khatam al-Anbiya Central Headquarters.