U.S. eyes Iranian assets for Gulf allies' reconstruction, source says | HappeningNow.news

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U.S. eyes Iranian assets for Gulf allies' reconstruction, source says

The U.S. will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, a source familiar with the matter said, as Tehran followed up a wave of strikes against Kuwait and Bahrain with further…

Source Summary Published June 7, 2026 Brief Under 1 min brief
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The U.S. will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, a source familiar with the matter said, as Tehran followed up a wave of strikes against Kuwait and Bahrain with further drone launches. Treasury Secretary Scott Bessent has directed a team to assess costs for damage inflicted on Gulf allies by Iran, the source said on Saturday, adding the U.S. will consider using Iranian assets for repairs of any future destruction as well.

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