US plans to use Iranian assets to rebuild Gulf allies

The US Treasury Department plans to utilize Iranian assets to help Gulf allies recover from damages caused by the Tehran regime. While the specific dollar amount for the program remains undisclosed, these assets have been central to discussions between the US and Iran to end the conflict that started on February 28. This initiative, linked to Treasury Secretary Scott Bessent's strategy, aims to fund the reconstruction of allies affected by the actions of the Iranian government.