The US Treasury Department is considering the use of Iranian assets to support reconstruction efforts in Gulf countries affected by attacks attributed to Tehran during the ongoing conflict, a source familiar with Treasury Secretary Scott Bessent’s views told CBS News on Saturday.
The source said the department plans to explore all legal avenues to make Iranian assets available for rebuilding infrastructure and covering repair costs resulting from any future damage caused by Iran, according to the CBS report.
Bessent has instructed Treasury officials to obtain detailed assessments from Gulf partners regarding the financial impact of damage linked to Iranian actions since the conflict began, the source added.
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It remains uncertain which types of assets could be utilised, with possibilities ranging from frozen Iranian financial holdings to physical assets such as oil tankers.
