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Trump to Use Frozen Iranian Billions to Cover Ship Damage Claims
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Trump to Use Frozen Iranian Billions to Cover Ship Damage Claims

Donald Trump announced that damages caused by Iran to ships and their cargo will be paid from Iranian assets frozen by the United States. Tehran's frozen funds are estimated at over $100 billion, and the new rules are to remain in force indefinitely. The move is seen as another element of Washington's financial pressure campaign against Iran.

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