US may use Iranian assets for Gulf reconstruction

Miami, June 6 (EFE).- The US government is reportedly considering using Iranian assets to help fund reconstruction and repair efforts in Gulf countries affected by the conflict, according to media reports citing sources familiar with discussions within the Treasury Department.

According to CBS News, the Treasury Department is seeking to use «all available authority» to make Iranian assets available for reconstruction and recovery projects in Gulf nations that have suffered war-related damage.

CNN reported that Treasury Secretary Scott Bessent’s team is expected to assess the extent of the damage allegedly caused by Iran in Gulf countries, including Saudi Arabia, Bahrain, Qatar, the United Arab Emirates (UAE), Kuwait and Oman.

The reports did not specify which Iranian assets could be used or under what legal mechanism they would be made available.

The Gulf states cited in the reports have accused Iran of carrying out attacks against US diplomatic facilities, airports, government buildings and energy infrastructure in the region.

The reports came hours after Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Al Budaiwi condemned what he described as Iran’s latest attacks on Bahrain and Kuwait, calling them «a direct threat» to regional security.

Meanwhile, a senior Iranian official told CNN on Friday that any agreement with the United States would depend on President Donald Trump approving the release of $24 billion in frozen Iranian funds.

The United States and Iran have been exchanging draft peace proposals through Pakistani mediators for several weeks, but both sides have offered conflicting assessments of the talks. While Tehran has suggested that negotiations have stalled, Trump has maintained that discussions remain ongoing. EFE ppc-sk