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The Nexus
SECURITYJun 13 · 11:46 UTCKYIV POSTKyiv Post

US Threatens to Seize $24B in Frozen Iranian Assets for Ally Compensation

The US threatens to seize $24 billion in frozen Iranian assets to compensate Gulf allies for damages from potential Iranian attacks. The US Navy provides armed escorts for oil shipments through the Strait of Hormuz to stabilize energy markets.

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