Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages

The U.S. government will attempt to redirect Iranian assets under its control to Gulf states to cover damages sustained during the three-month war, a Treasury Department official confirmed on June 6 following another round of attacks by Iran against Kuwait and Bahrain.
The official also confirmed to The Epoch Times that U.S. Treasury Secretary Scott Bessent has assigned a team to look into the costs of the damages inflicted by the Iranian regime on Gulf neighbors during the war. The plan was first reported by Reuters.
The official added that the department will also look at a mechanism to redirect money from Iranian assets to pay for any future damage caused by Iran amid ongoing negotiations to end the conflict, as the United States demands that Iran hand over its nuclear materials as part of the peace deal….