Gulf Allies Eye Iranian Funds for War Damages

Gulf Allies Eye Iranian Funds for War Damages

Author: The Daily News Now! June 7, 2026 Duration: 1:08
Orlando News Today | 2 Min News | The Daily News Now!
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The U.S. Treasury is weighing a bold move: letting Gulf allies tap into $24 billion in frozen Iranian assets to pay for war damages. Secretary Bessent’s team is crunching numbers to assess costs, as Washington seeks to help regional partners recover. Meanwhile, Iran’s officials say releasing these funds could be vital to ending the conflict — while ceasefire talks and nuclear negotiations stall, the situation remains tense and fluid.

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