POLITICSMIDDLE EAST EYE
Report says US weighing use of frozen Iranian assets for Gulf reconstruction
US Treasury Secretary Scott Bessent is considering redirecting frozen Iranian assets to fund Gulf states' reconstruction efforts following damage caused by Iran, according to reports. The Treasury is assessing damage and potential asset use, while an Iranian official linked a peace agreement to the release of $24 billion in frozen assets.
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Adjacent reporting
- US plans to use Iranian assets to rebuild Gulf allies
- What are Iran’s $100bn in frozen assets and where are they held?
- US eyes Iranian assets for Gulf allies' reconstruction, source says
- US-Iran deal: Tehran demands release of frozen assets
- Iran Demands Release of $24 Billion in Frozen Assets to Break US Peace Deadlock
- Iran says half of frozen assets should be released immediately