US to make Iranian assets available to Gulf allies to repair damage caused by Iran, source says

The United States will make Iranian assets available to Gulf allies to support rebuilding and repairs for future damage caused by Iran, a source familiar with the matter says.

The US will also consider using those assets to support repairs for past damages, the source says, adding that US Treasury Secretary Scott Bessent has directed a team to assess costs for damage already inflicted on Gulf allies by Iran.

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