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Iran warns ships accepting compensation from its frozen assets to be barred from transiting Hormuz

Vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 25, 2026. REUTERS/Stringer REFILE - CORRECTING INFORMATION FROM "VESSELS SAILING THROUGH THE STRAIT OF HORMUZ" TO "VESSELS ANCHORED AT THE STRAIT OF HORMUZ".
Iran rejected US-linked compensation for damaged ships and warned recipients could be barred from the Strait of Hormuz. - REUTERS/Filepic
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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 U.S. President Donald Trump's statement that ships damaged by Iran in the Gulf would be compensated using Iran's frozen funds.

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He said Iran believes the vessels were damaged because of insecurity created by the U.S. military and their use of what he described as an illegal and unsafe shipping route south of the Strait of Hormuz.

The spokesman said Iran's armed forces would bar the vessels of any country or company accepting such compensation from transiting the strait.

Iran tightened its grip on the Strait of Hormuz beginning Feb. 28, when it barred safe passage of vessels belonging to or affiliated with Israel and the United States following joint U.S.-Israeli strikes on Iranian territory.

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