General · 7 June 2026
US eyes Iranian assets for Gulf rebuilding after strikes
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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.
Reported by Reuters · How we write briefs