Iran peace deal at risk? US considers redirecting Iranian assets to Gulf states
AI Summary
The United States is exploring ways to redirect frozen Iranian assets to Gulf states for rebuilding and repairs following recent Iranian missile and drone attacks on Kuwait, Bahrain, and other regional allies. Treasury Secretary Scott Bessent has ordered assessments of damage costs sustained by Gulf partners, and the proposal emerges amid ongoing diplomatic negotiations regarding a U.S.-Iran peace agreement, in which Tehran has demanded release of approximately $24 billion in frozen funds.
The US is exploring redirecting frozen Iranian assets to Gulf states for rebuilding after missile and drone strikes.
This move comes as indirect negotiations between the US and Iran remain deadlocked, with Tehran demanding the release of $24 billion in frozen funds.
Military tensions continue to escalate across the region despite ongoing diplomatic efforts. ...