The US wants to use Iran’s billions to pay for damages in the Persian Gulf. Bessent gave added attacks on US allies

The US is considering using Iranian money to rebuild infrastructure in the Persian Gulf states. This step could fundamentally sharpen the tension with Tehran.

The United States is considering allowing Iranian funds to be used to rebuild infrastructure in the Persian Gulf states that would be affected by possible Iranian attacks in the future. This was reported by the Reuters news agency and CNN television, which are referred to by TASR. A source familiar with the situation spoke about the plan a day after Iran attacked Bahrain and Kuwait again.

  • The United States is considering using Iranian funds to rebuild the affected infrastructure of allies.
  • Iran has repeatedly attacked Bahrain and Kuwait during the ongoing Middle East conflict.
  • Treasury Secretary Scott Bessent ordered a team to quantify the damage caused by the Iranian attacks.
  • Tehran is making the peace deal with Washington conditional on the release of $24 billion in assets.
  • Diverting Iranian assets to offsets could escalate tensions and jeopardize the ceasefire.

According to this source, US Treasury Secretary Scott Bessent commissioned a special team to quantify the damage that Iranian attacks have caused to US allies in the Persian Gulf region since the start of the Middle East war. Washington will then consider whether Iranian assets can also be used to pay for these previous damages.

Iranian money for damages

At the same time, the unspecified source responded to the statements of the military adviser of Iran’s supreme spiritual leader, Mohsen Rezai. He told CNN that the conclusion of a peace agreement between Tehran and Washington is conditional on the release of frozen Iranian assets worth $24 billion.

Reuters adds that the source did not say exactly what type of assets should be involved and which of them the US Treasury Department is investigating. However, according to available information, it is not exclusively about frozen funds, which indicates a wider range of possible financial instruments.

Stagnant negotiations

Negotiations between the United States and Iran are currently at an impasse. However, Iranian media reported that Pakistani Interior Minister Mohsin Naqvi arrived in Tehran on Saturday to hold talks with Iranian Foreign Minister Abbas Araqchi.

Pakistan acts as a key intermediary between Washington and Tehran in this conflict. In April, he hosted talks between the two sides on his territory, but so far they have not led to a permanent agreement or a breakthrough in tense relations.

A fragile truce

Reuters warns that the possible redirection of Iranian assets for compensation or reconstruction in the Persian Gulf countries could further escalate tensions and threaten the already fragile truce between the United States and Iran.

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