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The U.S. may compensate Gulf allies with Iranian assets

2026-06-07 01:06:59

Golden Finance reported that on June 7, local time on June 6, according to people familiar with the matter, U.S. Treasury Secretary Besent has instructed her team to “assess the situation of Gulf allies and calculate the repair costs for the damages caused by Iran.” The sources said the United States plans to use relevant mechanisms to transfer the frozen Iranian assets to its Gulf allies, to fund their “response to possible future damage that Iran may cause and to carry out reconstruction and repair work.” The U.S. side will also consider whether to use Iranian assets “to compensate for past losses suffered.”

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