Trump Says Iran’s Frozen Assets Will Pay for Shipping Losses, Signals Possible Larger Military Action

U.S. President Donald Trump has said that financial losses suffered by commercial shipping will be covered using Iran’s frozen assets, marking another strong statement amid rising tensions between Washington and Tehran.

In a recent statement, Trump stated that all damages will be made good with Iranian funds, which are the funds frozen in international sanctions.

Trump Warns of Larger Military Action

Trump also indicated that the U.S. could undertake a “much bigger” military attack than “Operation Epic Fury,” should it be needed.

The U.S. president in an interview with Axios said Iran had “not suffered enough yet” and confirmed that his administration is considering the possibility of resuming major military operations against the country.

Trump has not offered a timetable or specifics, but his comments suggest Washington is maintaining military options for dealing with Iran in the wake of tensions.

Rising US-Iran Tensions

The new remarks come amid tensions between the United States and Iran regarding regional security, sanctions and maritime issues. Trump’s plan to release some of Iran’s frozen assets in exchange for lost commercial shipping will likely get more international attention and potentially further complicate diplomatic relations.

Experts suspect that any further military or financial moves against Iran would have wider repercussions for Middle East peace, global trade corridors and international energy markets.