Jump to contentIndependentSwipe for next articleIndependent Bulletin homepageDownload our appAllNewsSportCultureLifestyleRachel DobkinFriday 24 July 2026 02:19 BSTUS carries out 12th straight night of strikes as Iran-backed Houthi rebels bomb two Saudi oil tankersPresident Donald Trump warned that any damages to ships or cargo in Middle Eastern waterways would be paid for by Iranian money held and controlled by the United States.He stated on Truth Social that these damages, potentially substantial, would be a fair and equitable outcome.Trump is seriously considering restarting major combat operations in Iran, suggesting the country has not yet experienced enough consequences.This follows his previous threat of "major military punishment" against Iran after Houthi rebels attacked Saudi oil tankers.He also accused Iran of "evil intentions" and reiterated his stance that the regime must not acquire nuclear weapons, amid concerns over disrupted oil supply routes.In fullIran-US war latest: Trump says shipping attacks will be paid for by Iranian cash he controlsMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in