2Photo1Video© thehindu.comUS treasury department may use Iranian assets to pay for damages to Gulf allies: Report
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US treasury secretary Scott Bessent is considering using Iranian assets to help America's allies in the Gulf to recover from the losses incurred due to attacks by Iran during the war, CBS reported Saturday citing a source familiar with what Bessent is thinking.
The source also said that the US treasury is exploring avenues to ensure that Iranian assets can be accessed for recovery and reconstruction in case Tehran causes further damage.
Taking a step further in this direction, Bessent has also asked the department to take a comprehensive measure of the repair costs by the US' Gulf allies since the war began on February 28, the source said.
“ They have some missiles, they have some drones. I would say percentage wise, maybe 21% to 22% of their missiles. It’s a lot of missiles, but it’s not what it was when we first attacked,
Donald Trump,
U.S. eyes Iranian assets for Gulf allies’ reconstruction, source says