Tehran, July 28 -- Iran on Tuesday warned that it will block the passage of commercial vessels belonging to companies and countries that use its frozen assets to compensate damages linked to the recent conflict in West Asia.

According to a statement issued by the spokesperson for Iran's Khatam al-Anbiya Central Headquarters and carried by Iranian state media, Islamic Republic of Iran Broadcasting (IRIB), Iran slammed the United States of seeking to use its frozen assets to compensate for vessels damaged during what Tehran described as the "imposed war" against the Islamic Republic.

"The US President has announced that in the wake of aggressive actions and continued efforts to destabilise the region," the statement said.

Referring to th...