Jerusalem Post/Middle EastThis after US Treasury Secretary Bessent directed a team to assess conditions among Gulf allies, assessing costs for damage inflicted by Iran.Follow us on GoogleFire and smoke rise in the Fujairah Oil Industry Zone, caused by debris after interception of a drone by air defenses, UAE, March 4, 2026; illustrative.(photo credit: REUTERS/Amr Alfiky TPX IMAGES OF THE DAY)ByREUTERSJUNE 7, 2026 00:28The United States will make Iranian assets available to Gulf allies to support rebuilding and repairs for future damage caused by Iran, a source familiar said on Saturday.The U.S. will also consider using those assets to support repairs for past damages, the source said, adding that U.S. Treasury Secretary Scott Bessent has directed a team to assess costs for damage already inflicted on Gulf allies by Iran.This is a developing story.See more onFollow us on Google