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US to use Iranian money to pay for damaged ships, Trump says

Iran's Araqchi says no assets 'safe' after Trump vows to use seized funds for damages
Screenshot of post on Truth Social by US President Donald Trump, July 23, 2026. - Social media/Screengrab/via REUTERS
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WASHINGTON: U.S. President Donald Trump warned on Thursday that United States will use Iranian money under Washington's possession or control to pay for "any and all damages" done to ships and cargo.

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