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Trump vows any damage to ships will be paid for with seized 'Iranian Money' as tensions mount in Strait of Hormuz

Posted on July 23, 2026
By Daily Mail
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1 min read

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Trump vows any damage to ships will be paid for with seized 'Iranian Money' as tensions mount in Strait of Hormuz

The commander-in-chief made the announcement on his Truth Social platform Thursday evening as tensions mount in the strait, through which one-fifth of the world's oil supply traverses.