Current sectionMiddle East NewsThe U.S. Treasury Secretary has directed a team to assess damage costs inflicted on Gulf allies by Iran, a source told Reuters. On Friday, an adviser to Iran's supreme leader told CNN that a deal to end the war hinged on the release of $24 billion in frozen Iranian assetsShare to FacebookShare to XArticle printing is available to subscribers onlyPrint in a simple, ad-free formatSubscribeComments: Zen reading is available to subscribers onlyAd-free and in a comfortable reading formatSubscribeReuters, DPAand Haaretz09:59 AM • June 07 2026 IDTThe U.S. government will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, a source familiar with the matter told Reuters, as Tehran followed up a wave of strikes against Kuwait and Bahrain with further drone launches.Loading...Click the alert icon to follow topics:Iran - U.S.Middle EastIran sanctionsIranStrait of HormuzCommentsLoading...In the NewsIn the News: Israel-Iran Live UpdatesWest BankIranHaredimNetanyahuSmotrich1967HaQuizHaaretz PodcastU.S. Mulls Using Iran Assets to Fund Gulf States' Post-war Repairs, Source Says'We Will Enlist and Die' vs 'We Will Die and Not Enlist'Confronting Australia's Left-wing AntisemitismThey Shoot Babies: IDF Jargon Masks a Child's KillingThe Antisemitism of the Israeli RightRemembering and rebuilding two years laterICYMIFar-right Israeli Ministers Join Thousands at Israel Day Parade in New York'Israel Is Unstoppable, We Need Other Countries to Get Us Out of This''Fucking Crazy': Trump Lashes Out at Netanyahu Over Lebanon, Report SaysThe Paradigm That Led to Oct. 7 Didn't Collapse, It Was Fiction From the StartManufactured Nostalgia for Lebanon's Beaufort Masks a Strategic FailureHow the U.S. Air Force Is Turning Israel's Ben-Gurion Airport Into Its Own Base
U.S. mulls using Iran assets to fund Gulf states' post-war repairs, source says
The U.S. Treasury Secretary Has Directed a Team to Assess Damage Costs Inflicted on Gulf Allies by Iran, a Source Told Reuters. On Friday, an Adviser to Iran's Supreme Leader Told CNN That a Deal to End the War Hinged on the Release of $24 Billion in Frozen Iranian Assets
TL;DRAI
U.S. Treasury considers using $24 billion in frozen Iranian assets to fund Gulf states' reconstruction from Iran's drone strikes. The mechanism establishes asset-reallocation precedent amid U.S.-Iran diplomacy, signaling governance implications for supply chain and investment strategy in the Gulf.
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