US strikes Iran for 13th night, Trump threatens to seize frozen assets over shipping attacks

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9 days · 11 summary articles
The US military has conducted airstrikes on Iran for the 13th consecutive night, targeting military command centers, drone storage sites, and coastal surveillance sites. President Donald Trump has threatened to use frozen Iranian assets to pay for damages caused by Iran to ships and cargo.
The strikes, which began just after midnight and lasted approximately three hours, aimed to hold Iran accountable and reduce threats to commercial shipping from the Islamic Revolutionary Guard Corps, according to a statement from the US Central Command (Centcom) on X. Explosions were reported in several Iranian cities, including Ahvaz, Andimeshk, and Omidiyeh, as well as on Qeshm Island in the Strait of Hormuz.
Iranian state media reported that four people were killed and five injured in a US missile strike on the city of Ahvaz. The strikes also targeted military posts in Kuwait and US missile systems, weapons, and fuel storage sites in Jordan, according to Iranian state media.
The conflict has escalated with attacks on Saudi oil tankers in the Red Sea by Yemen's Houthi rebels, who are backed by Iran. The Houthis claimed responsibility for striking the tankers Encelia and Layla, which they accused of violating their maritime blockade against Saudi Arabia. The attacks on the tankers have driven oil prices above $100 a barrel for the first time since May, raising fears of a wider regional conflict.
President Trump has warned that if the Houthis continue their attacks, the US will hold Iran responsible and inflict major military punishment on both Iran and the Houthis. Trump also stated that any damages to ships and cargo caused by the ongoing conflict with Iran will be paid using Iranian funds currently under US control.
Iran has responded to the threats by warning that the use of its frozen assets would set a dangerous precedent. Iranian Foreign Minister Abbas Araghchi stated on X that such actions would lead to chaos and that no one's assets would be safe if governments normalize confiscation.
The conflict has also led to increased insurance costs for shipping through the southern Red Sea and has caused several tankers to change course to avoid the Strait of Hormuz and the Bab-el-Mandeb strait, the second most important energy shipping route after the Strait of Hormuz.
The situation remains tense, with both sides exchanging military strikes and threats, and the potential for further escalation looms large.
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