US launches new strikes on Iran over shipping routes threat; Trump says Iran will pay for damage
Webdunia July 24, 2026 03:40 PM

The US has said it launched strikes on Iran for the 13th consecutive night, as Iranian state media reported explosions across the country.

 

The US Central Command (CENTCOM) said that it targeted Iran's military command centers, drone storage facilities, communication networks, coastal surveillance sites, and maritime capabilities.

 

CENTCOM said the strikes were launched "to hold Iran accountable and diminish threats from the Islamic Revolutionary Guard Corps to commercial shipping" in the Strait of Hormuz.

 

Tensions between Iran and the US have escalated over shipping routes since a ceasefire collapsed earlier this month.

 

CENTCOM also said that it had redirected 12 commercial vessels and disabled one to prevent ships from entering or leaving Iranian ports or coastal areas since "resuming the naval blockade against Iran nine days ago."

 

The latest US attacks come after Yemen’s Iran-backed Houthi rebels said they targeted two Saudi oil tankers in the Red Sea.

 

President Donald Trump on Thursday threatened "major military punishment" against the Houthis if their attacks on ships continue. ALSO READ: US hits Iran as Houthis claim strikes on Saudi tankers

 

Trump says Iran will pay for damage to shipping
 

US President Donald Trump said Iran would be held responsible for the financial cost of any damage to ships or cargo amid the dispute over the Strait of Hormuz.

 

He said he would use seized Iranian assets to pay for any damage to shipping.

 

"From this point forth, any and all damages done to Ships, Cargo, or anything related thereto, will be paid for by Iranian Money that the United States has in its possession, and controls," Trump wrote on his Truth Social platform.

 

"These damages may be very substantial but, nevertheless, this is the fair and equitable thing to do," Trump added.

 

Trump's statement comes after Iran-backed Houthis said they attacked two Saudi Arabian oil tankers in the Red Sea.

 

In response, Iran warned that Trump's threat to use seized Iranian assets would set a dangerous precedent.

 

"Seizing another nation's assets to pay for unrelated future claims is an incendiary precedent," Iranian Foreign Minister Abbas Araghchi posted on X. ALSO READ: Is the Strait of Hormuz still Iran's trump card?

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