The United States has conducted a 13th straight night of strikes against Iranian targets amid escalating tensions over the Strait of Hormuz, while President Trump said any damages to ships or cargo would be paid for with Iranian assets held by the U.S. The Iranian foreign minister denounced the plan as an incendiary precedent, warning that asset seizures could endanger global funds and stability. Iran blames U.S. and allied actions for destabilizing shipping routes, as Yemen's Houthis claimed attacks on Red Sea tankers and oil prices spiked. The exchange comes after a collapsed ceasefire framework that had once proposed reopening Hormuz and releasing Iranian funds, and it follows long-standing freezes on Iranian assets totaling around $100 billion. Analysts and markets have watched closely as the confrontation risks broadening beyond the Strait of Hormuz to destabilize regional security and energy supplies.