Washington. The US government is considering redirecting Iranian assets to help fund the reconstruction and repair of damage caused by Iranian attacks in Gulf states, a source familiar with the matter said, as Tehran launched fresh drone strikes following attacks on Kuwait and Bahrain.
US Treasury Secretary Scott Bessent has instructed a team to assess the cost of damage already inflicted on Gulf allies by Iran, the source said. The source added that Washington is also exploring the possibility of using Iranian assets to cover the cost of any future destruction.
The disclosure came a day after Mohsen Rezaei, an adviser to Iran's supreme leader, told CNN that any peace agreement to end the three-month conflict would depend on the release of $24 billion in Iranian assets frozen by the US.
The source did not specify which assets were under review, and the language used suggested the measures may extend beyond frozen funds.
The proposed redirection of Iranian assets could further strain the fragile ceasefire between the US and Iran, which came under renewed pressure this weekend following exchanges of fire between the two sides.
