Trump says US will use Iranian funds to pay for ship, cargo damage amid Gulf crisis

President Donald Trump said the US will use Iranian funds under its control to pay for future damage to ships, cargo, and related property.
The statement comes amid Houthi attacks on Saudi tankers that have raised concerns over wider disruption to Red Sea trade.
Trump's post on Truth Social on Thursday announced the policy effective until further notice.
The conflict involving Washington, Tehran, and Iran-backed groups threatens key global shipping routes.
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