Source: US to Use Iranian Assets to Aid Gulf Allies

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Iranian flag in Tehran

(Getty Images)

Saturday, 06 June 2026 05:29 PM EDT

The United States will make Iranian assets available to Gulf allies ‌to ​support rebuilding and repairs for future ⁠damage caused ​by Iran, a source ⁠familiar said on Saturday.

The U.S. will also ‌consider using ​those assets to ‌support repairs for ‌past damages, the source said, adding ⁠that U.S. Treasury ‌Secretary ⁠Scott Bessent has ⁠directed ⁠a team to ‌assess costs for damage already inflicted on ‌Gulf ​allies by ‌Iran.

© 2026 Thomson/Reuters. All rights reserved.

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