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Trump Announces Compensation for Shipping Damage Using Iranian Funds

Washington, July 28: U.S. President Donald Trump has stated that funds controlled by the U.S. from Iran will be utilized to compensate for damages to ships in the Strait of Hormuz during recent conflicts. During a conversation with reporters aboard Air Force One on Monday, Trump made this announcement. He dismissed suggestions that the U.S. ... Read more Trump Announces Compensation for Shipping Damage Using Iranian Funds

28 Jul 2026 8:59 am