US continues strikes on Iran as Tehran rejects Trump's asset plan

Nexus Europa Newsroom
Posted Jul 24, 2026, 11:00 AM UTC · In the digest of 2026-07-24-1100
US continues strikes on Iran as Tehran rejects Trump's asset plan
Photo: MIA (Media Information Agency)

The United States conducted a 13th night of strikes on Iran as Tehran rejected Donald Trump's plan to use frozen assets to compensate shipping losses.

The United States carried out a 13th consecutive night of military strikes against targets in Iran, escalating an ongoing conflict over Middle Eastern maritime trade routes. Iranian Foreign Minister Abbas Araghchi condemned US President Donald Trump’s proposal to utilise seized Iranian funds to compensate for commercial ship damage in the Persian Gulf, labeling the plan a "dangerous precedent".

Concurrently, reports indicate President Trump is growing increasingly frustrated with the protracted conflict, now in its fifth month, while political advisers express concern over potential fallout in upcoming congressional elections.

In a separate development, Ukrainian drone strikes hit a commercial warehouse in St. Petersburg, triggering a major fire, according to regional authorities.

Sources: Makfax, MIA (Media Information Agency)

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