Live Update
From the Liveblog of
Tuesday, July 28, 2026
Iran says anyone receiving its frozen funds as compensation won’t be allowed through Hormuz
Any company or country that receives Iranian frozen assets as compensation for its damaged vessels will not be allowed to transit the Strait of Hormuz, Iran’s joint military command says, according to state media.
The military command spokesperson Ebrahim Zolfaqari rejects US President Donald Trump’s warning that ships damaged by Iran in the Gulf will be compensated using Iranian frozen funds.
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