Iran warns US seizing another country’s assets sets ‘incendiary precedent’

Iran’s Foreign Minister Abbas Araghchi has said in an X post that “seizing another nation’s assets to pay for unrelated future claims is an incendiary precedent.”

“Those who celebrate or profit from such funds should remember: once governments normalize confiscation, no one’s assets are safe. Ensuing chaos will not be pretty or peaceful,” Araghchi wrote.

Earlier, US President Donald Trump said that, “from this point forth,” any damage caused to ships, cargo, “or anything related thereto,” would be compensated from Iranian assets frozen in the United States.