Dossier
$24 billion in frozen Iranian financial assets
Coverage of $24 billion in frozen Iranian financial assets in the Nexus archive.
- U.S. floats steering frozen Iran assets to Gulf allies for repairs
The Trump administration is exploring using frozen Iranian assets to fund repairs for Gulf allies damaged by Iranian attacks. Negotiations with Iran over a truce extension have stalled due to Tehran's demand for $24 billion in frozen assets. The Treasury Department is assessing repair costs in Saudi Arabia, the UAE, Kuwait, and Bahrain.