Iran on Tuesday, July 28, signalled that any country or company tapping its frozen assets will be barred from the Strait of Hormuz. The threat came in response to US President Trump’s post on social media last week, in which he threatened to use Iranian assets frozen abroad to pay for damage to ships from Iranian attacks in the strait. Trump, meanwhile, doubled down on his warnings against Tehran, saying that Iran knows he will “finish the job” if its leaders fail to reach a deal to end the war.
