Report: US Plans To Divert Frozen Iranian Assets
The White House plans to transfer seized Iranian assets to Gulf states for repairing damage caused by Iran's retaliatory strikes, CBS News reported on 7 June, citing sources familiar with the matter.
On Saturday, a source told CBS that US Treasury Secretary Scott Bessent has instructed a team to assess costs for damage inflicted on Washington's Gulf allies by Iran.
Assets that could be used include Iranian cash in frozen bank accounts or hard assets such as seized oil tankers.
The White House will consider using frozen Iranian assets to repair past as well as future destruction caused by Iran in the Gulf states.