Sources

7 Total Sources

US Threatens to Tap Frozen Iranian Funds for Gulf Damages as Strait Tolls Loom

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Bloomberg6h ago

US to Extract Funds from Frozen Iranian Accounts for Gulf Damages, Says Treasury Secretary Bessent

CBS News: Treasury weighs using Iranian assets to help Gulf allies rebuild war damage

According to U.S. Treasury Secretary Scott Bessent, the U.S. plans to use Iranian funds from frozen assets and accounts to pay for any damages to allied infrastructure. Additionally, Secretary Bessent said that

U.S. floats steering frozen Iran assets to Gulf allies for repairs | Fortune

CBS News: Treasury weighs using Iranian assets to help Gulf allies rebuild war damage

NDTV Profit6h ago

US Vows To Use Iran's Frozen Funds To Compensate Gulf Allies, Offset Hormuz Toll

baha news6h ago

US: Iran funds will be used for damage in Gulf states - Breaking The News