President Trump said the United States would use frozen Iranian assets to cover damages to ships or cargo in the Gulf, as U.S. strikes against Iran intensify and attacks in the Strait of Hormuz continue. He framed the move as part of an escalating effort to pressure Iran and its proxies amid disruptions to shipping and energy routes. U.S. officials have suggested the funds could be drawn from frozen assets, but the legal basis and a formal claims process remain unclear. The broader context includes ongoing U.S. military pressure, expanded proxy actions by groups such as the Houthis, and heightened concerns about the security of critical shipping lanes. Observers note the stance marks a harder line by the administration. The statement comes as energy markets and global trade are watching developments around the Gulf.