US says it will use frozen Iranian assets to fund damage to ships as strikes continue

US President Donald Trump said any damages to ships and cargo would be paid for using Iranian assets.

Iran War and Trump’s Tariffs Threaten a Resilient US Economy

As renewed fighting with Iran sends oil and gas prices soaring, President Trump has imposed new global tariffs that could push up prices further.

By Tony Romm

US to Use Iran’s Frozen Funds to Pay for Ship Damage, Trump Says - Bloomberg.com

US to Use Iran’s Frozen Funds to Pay for Ship Damage, Trump Says  Bloomberg.com

US vows to punish Iran after Houthis strike tankers

The United States launched a fresh wave of strikes on Iranian military targets for the 13th consecutive night. President Donald Trump said that the US would hold Iran responsible for the Iran-backed Houthis' actions in Yemen.

Louisiana House candidate accused of rape says he hopes to again ‘earn’ Trump endorsement

Republican Blake Miguez is weighing what district to run in after state redrew map following supreme court decision A congressional candidate from Louisiana who was the subject of a police report accusing him of rape – which he denies – says he is hoping to again “earn” Donald Trump’s endorsement as he considers precisely where to run amid redistricting. The candidate, Blake Miguez, is weighing running in one of two districts, neither of which he lives in but which he is allowed to run. He ha...

By Ramon Antonio Vargas

US attacks Iran as Houthis allow Chinese ships to pass: What’s the latest?

The number of tanker crossings in the Strait of Hormuz dropped to lowest levels in two months on Thursday.

Trump considering a ‘massive attack’ on Iran as Tehran labels UK ‘accomplice’ to America

The president told Axios he was considering an operation "bigger than ever before."

Iran war: Chinese tanker passes Red Sea choke point despite Houthi blockade

The Houthi militia in Yemen appears to be allowing some ships to pass through the Bab al-Mandab strait at the mouth of the Red Sea, despite its blockade of shipping to Saudi Arabia, experts said on Thursday. A Chinese oil tanker, Cosco Shipping’s VLCC Xin Long Yang, has been granted permission to pass through the waterway, according to the trade publication Lloyd’s List. It said Chinese tankers returning from the Saudi port of Yanbu in the Red Sea may be able to negotiate passage with the...

By dpa

Middle East live: US launches new strikes on Iran as oil prices skyrocket

The United States launched a new series of strikes in Iran on Friday, while Iran-backed Houthi rebels opened a second front in the conflict, attacking Saudi tankers in the Red Sea and sending oil prices skyrocketing. Follow our liveblog for the latest developments.

By FRANCE 24

Trump fires U.S. attorney in Washington on heels of court appointment

Trump says he is 'close' to decision on 'massive attack' on Iran, bigger than Epic Fury

By TOI WORLD DESK

‘Bigger than ever’: Trump says he’s close to deciding on massive Iran attack

US air deployments rise in Middle East as Trump warns Iran of 'massive' attack: 'Bigger than ever'

In a recent interview, Trump revealed plans for a possible military operation against Iran.

Sirens sound in Bahrain as Iran completes second week of strikes against Gulf States

The attack follows Iran's overnight strikes against Kuwait and US military infrastructure in Jordan.

European Union slams 'inflammatory' Houthi Red Sea tanker attack

The European Union's top diplomat demanded on Thursday that the Houthis cease attacks on ships in the Red Sea, after a Saudi vessel was hit by the Iran-backed rebels.

By RFI

Daniel DePetris: Donald Trump’s war has given Iran one of the biggest gifts it could have hoped for

US president is playing into the hands of Tehran’s hardliners with his belligerence

By Daniel DePetris

"We Don't Need To Respond In Advance": Carney On Trump's 50% Tariff Threat

The new tariffs cover a wide range of goods, including honey, liquor, cement, dairy products, some wood products, hockey sticks and other items.

A new chokepoint

WITH free transit of vessels through the Strait of Hormuz blocked due to the US-Iran conflict, a new chokepoint has emerged in the region: Bab al-Mandeb on the Red Sea. If free flow of marine traffic is also blocked through this passage, the impact on global commerce would be catastrophic, while the hostilities in and around the Gulf would surely spread to the Red Sea and its environs. Yemen’s pro-Iran Houthi militia had announced a blockade of Saudi ships after Sanaa airport was bombed on Ju...

By none@none.com (Editorial)

Trump vows to punish Iran for Houthi attacks in Red Sea as oil surges over $100

Fears that disruption could further widen to block another sea route sent global oil prices surging in one of the steepest rises of the war.

Fresh strikes as US vows retaliation for Houthis attacks

The United States launched a fresh wave of strikes on Iranian military targets, marking the thirteenth night of active combat in the region as President Donald Trump vowed to use frozen Iranian assets to pay for any damage to shipping.

Trump vows to punish Iran for Houthi attacks in Red Sea; oil surges over $100

Fears that disruption could widen further to block another sea route sent global oil prices surging in one of the steepest rises of the war

By Reuters

Iranian FM warns using Iran's frozen assets sets "incendiary precedent"

Trump says "any and all damages done" to cargo ships would be paid for with "Iranian Money"

By Reuters

Iran War: Trump Threatens More Intense Attacks as Advisors Push for Humanitarian Crisis by Hitting Food and Water Stores; Oil Rises to Over $100 a Barrel; Iran Warns UK; Trump Retrades Saudi Nuclear Deal with Abrams Accord Requirement

Today's Iran war news: Trump may have aged out of his TACO habits and is readying new, potentially global-economy-wrecking, attacks on Iran.

By Yves Smith

Trump weighs ‘massive attack’ on Iran after two weeks of consecutive strikes

President Donald Trump also said he is considering a “massive attack” on Iran, which would leave the country devastated. The post Trump weighs ‘massive attack’ on Iran after two weeks of consecutive strikes appeared first on Premium Times Nigeria.

By Beloved John

Malaysia hit with new 10pc tariff as Trump rebuilds trade agenda

KUALA LUMPUR, July 24 — Malaysia, among Asean countries, faces the lowest tariff of 10 per cent under the United S...

Trump says frozen Iranian assets will pay for damage to shipping

President Donald Trump said Thursday that the US would begin using frozen Iranian assets to pay for ships and cargo damaged by strikes in and around the Gulf. The post Trump says frozen Iranian assets will pay for damage to shipping appeared first on Vanguard News.

By Henry Oduah