US plans to use Iranian assets to rebuild Gulf allies: Source
The Treasury Department is planning to use Iranian assets to rebuild and repair for any future damage caused by Iran, a source familiar with Secretary Scott Bessent’s thinking told ABC News.
“Treasury will utilize all tools available to allow Iranian assets to be made available to our Gulf allies to support rebuilding and repairs for any future damage caused by Iran,” the source said.

This comes as the administration aims to put increased economic pressure on Iran. The Iranian assets could include frozen assets and ships the U.S. has seized, according to the source.
The administration is reaching out to Gulf allies right now and asking for their evaluation, the source said.
-ABC News' Selina Wang




