On June 6, sources said Treasury Secretary Bessent directed a team to assess Gulf allies’ situations and estimate repair costs for damage attributed to Iran. The US intends to use relevant mechanisms to transfer frozen Iranian assets to Gulf partners to fund reconstruction and measures to address potential future damage. The US will also consider whether to use Iranian assets to compensate for past losses, the sources said.

2026-06-07

On June 6, sources said Treasury Secretary Bessent directed a team to assess Gulf allies’ situations and estimate repair costs for damage attributed to Iran. The US intends to use relevant mechanisms to transfer frozen Iranian assets to Gulf partners to fund reconstruction and measures to address potential future damage. The US will also consider whether to use Iranian assets to compensate for past losses, the sources said.