BBC News·3 min read·medium
US says it will use frozen Iranian assets to fund damage to ships as strikes continue
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✦AI Summary
The U.S. military has continued strikes against Iranian military targets for the 13th consecutive night, while President Trump announced plans to use frozen Iranian assets to compensate for damages to shipping. These tensions have caused global oil prices to rise above $100 per barrel.
Image source, Reuters Image caption, Vessels sighted in the Strait of Hormuz from Oman on 23 July
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