General · 7 June 2026

US eyes Iranian assets for Gulf rebuilding after strikes

People in Gulf countries affected by recent attacks could see rebuilding funds if a proposed US plan goes ahead. On Saturday, a source said Washington would seek to redirect Iranian assets for repair work and reconstruction, while Treasury Secretary Scott Bessent ordered an assessment of damage already caused. The discussion followed strikes on Kuwait and Bahrain, and came after Mohsen Rezaei linked a peace agreement to $24 billion in frozen funds.

By BriefTea Editorial · 7 June 2026 at 14:56

Reported by Reuters · How we write briefs

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