SECURITYJun 7 · 09:57 UTCKYIV POSTKyiv Post

US Plans to Use Frozen Iranian Assets to Fund Persian Gulf Recovery Efforts

The US plans to use frozen Iranian financial assets to fund reconstruction in Persian Gulf nations impacted by Iranian military strikes. US Treasury Secretary Scott Bessent's agency is evaluating damage estimates to address compensation for past and future aggression, amid recent missile interceptions over Kuwait and Bahrain.

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USplaceIranplacePersian Gulf nationsplaceScott BessentpersonUS Treasury SecretaryorganizationKuwaitplaceBahrainplaceIranian ballistic missilestopic

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