#1 out of 2
world1d ago
US plans to use Iranian assets to rebuild Gulf allies
- US considers a program to use Iranian assets to fund Gulf allies' rebuilding after attacks.
- Bessent instructed his team to assess Gulf conditions and cost estimates for repairs tied to Iran’s actions.
- The move follows Iran-related missile activity toward Kuwait and Bahrain.
- Frozen Iranian assets have been a central talking point in US-Iran discussions.
- The Treasury has not disclosed a dollar amount for the program yet.
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