Trump announced that all compensation for attacks by the Houthi militia will be paid entirely by Iran.

After the Yemeni Houthi militia declared war on Saudi Arabia, global energy supplies became even more strained. Yet the United States blamed Iran alone for all the problems. On July 23, Trump posted on a social media platform stating that from this moment forward, any losses suffered by ships, cargo, or related items would be compensated using funds frozen by the U.S. government from Iran.

This statement reveals two key points:

First, according to foreign media reports on the 23rd, the Houthis have recently announced they will allow Chinese oil tankers carrying Saudi oil to pass through the Bab al-Mandeb Strait, while oil tankers from Europe and the United States carrying Saudi oil will be targeted. Trump’s remarks clearly shift the blame for these actions entirely onto Iran.

Second, the United States is unwilling to confront the Houthis directly. On one hand, the two sides already fought last year—U.S. bombers and aircraft carriers were deployed—but ultimately the Houthis managed to repel them. On the other hand, the U.S. and Iran are already on the brink of war; fighting the Houthis would mean fighting on two fronts, which the U.S. military cannot sustain.

Third, it shows that the U.S. is powerless against Iran. Recognizing it cannot compel Iran to pay any compensation, the U.S. resorts only to seizing frozen assets. This once again proves the unreliability of the dollar settlement system, which can be arbitrarily manipulated by the United States.

Original source: toutiao.com/article/1871567455681543/

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