US to use frozen Iranian assets to fund war damages

Every claim, checked
No claims match the selected verdicts.
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Claim 1
“The US military says it has launched strikes on Iran for the 13th consecutive night”
The U.S. military conducted strikes on Iran for the 13th consecutive night.
Reuters reported on July 23, 2026 that the U.S. military completed a 13th consecutive night of strikes against Iran.
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Claim 2
“with Iranian state media saying four people have been killed and five injured.”
Iranian state media reported four deaths and five injuries from the strikes.
A contemporaneous report repeated the same casualty figures, but the available evidence does not independently verify them and Iranian state-media casualty reporting may be incomplete or subject to revision.
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Claim 3
“he would use Iranian assets held by the US to pay for "any damages to Ships, Cargo, or anything related thereto".”
Donald Trump said Iranian assets held by the United States would pay for damage to ships and cargo.
Trump publicly stated that damages to ships, cargo, or related items would be paid from Iranian money in U.S. possession and control.
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Claim 4
“the Iran-backed Houthis' claim to have attacked two Saudi tankers in the Red Sea”
The Houthis claimed to have attacked two Saudi oil tankers in the Red Sea.
Reuters reported that Trump promised major military punishment after the Houthis struck two Saudi oil tankers in the Red Sea.
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Claim 5
“Centcom said it had targeted "Iranian military command centers, drone storage facilities, communication networks, coastal surveillance sites and maritime capabilities".”
The U.S. strikes targeted Iranian military and maritime-related facilities.
The quoted target list matches the statement attributed to U.S. Central Command and reproduced in Reuters reporting.
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Claim 6
“That's helped push the price of crude oil back over $100 (£74.96) a barrel - the highest level since May.”
Crude oil rose above $100 per barrel, its highest level since May.
Contemporaneous reporting said oil prices surged back to $100 per barrel as tanker traffic through Hormuz fell and shipping risks increased.
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Claim 7
“only one tanker went through the Strait on Thursday 24 July, citing ship-tracking data, which they said was the lowest level of transit since 7 May.”
Only one tanker transited the Strait of Hormuz on July 23, the lowest level since May 7.
Reuters-sourced reporting states that one tanker crossed the strait on July 23 and that this was the lowest number since May 7.
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Claim 8
“In June, the US and Iran agreed on a 14-point Memorandum of Understanding (MOU) to halt military operations and reopen the Strait of Hormuz”
The United States and Iran agreed to a 14-point memorandum of understanding in June to halt military operations and reopen the Strait of Hormuz.
Multiple reports describe a June 2026 14-point U.S.-Iran memorandum covering a ceasefire and reopening the Strait of Hormuz, followed by a 60-day negotiation period.
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Claim 9
“as well as to reach an agreement to end the war over the following 60 days.”
The memorandum provided for negotiations toward a final agreement over 60 days.
Reporting on the memorandum says it established a 60-day period for negotiations toward a final agreement.
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Claim 10
“But three weeks after it was signed, Trump declared the ceasefire "over" after Iranian attacks on ships in Hormuz, and US strikes in response.”
Trump later declared the ceasefire over after attacks involving ships in the Strait of Hormuz and U.S. strikes in response.
Contemporaneous reporting describes the June ceasefire arrangement collapsing after attacks on shipping in Hormuz and renewed U.S. strikes; reports also state that Trump declared the arrangement no longer in effect in July.
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Claim 11
“Point 11 of the MoU detailed that the "United States of America undertakes to make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran".”
Point 11 of the memorandum said the United States would make frozen or restricted Iranian funds and assets fully available for use.
Reporting on the memorandum reproduces Point 11 as committing the United States to make Iran’s frozen or restricted funds and assets fully available for use.