The Trump administration is seeking to redirect frozen Iranian assets toward rebuilding energy and other infrastructure damaged by Tehran’s retaliatory strikes in Sunni Gulf Arab states hosting US military bases, Bloomberg and CBS News report.

The Treasury Department plans to use “all available authorities” to make Iranian assets accessible for rebuilding and repair efforts linked to any future damage caused by Iran, CBS reported on Saturday, citing a source familiar with Treasury Secretary Scott Bessent’s thinking.

Iran top brass closes Strait of Hormuz for all vessels

Bloomberg reported that Bessent directed Treasury officials to assess conditions among US allies in the Persian Gulf and request comprehensive estimates for damage inflicted since the start of the conflict.

The outlet said the department will also consider whether Iranian assets could be used to cover “past damage” blamed on Iranian-backed groups.

The initiative comes as indirect talks between Washington and Tehran have stalled over Iran’s demand for access to frozen funds. Mohsen Rezaei, a military adviser to Supreme Leader Ayatollah Mojtaba Khamenei, said that a deal hinges on the release of $24 billion in confiscated Iranian assets.

World Court orders USA to compensate Iran over frozen assets

“This is our own money, not America’s money,” Rezaei told CNN, calling the demand a test of trust for US President Donald Trump. On the other hand who is going to pay for the structural damage been done by the hostile USA-Israeli attacks on Iran?

Iranian Deputy Foreign Minister Kazem Gharibabadi told Mehr News Agency that Tehran wants at least $12 billion released immediately upon the signing of a memorandum of understanding with the USA, while the remainder should be released within not more than one or two months.

US regime wants China to stop Importing Oil from Iran or face Sanctions

Since the USA and Israel launched an attack against Iran on February 28, 3026 the sides have largely refrained from directly targeting oil and gas infrastructure.

In mid-March, however, Israel hit the world’s largest natural gas field in South Pars, knocking out 12% of Iran’s gas production.

Tehran declared that energy infrastructure in Gulf Arab states hosting US forces has become direct and legitimate targets.

Israel’s ‘War to the Root’ may unravel Hegemony of America

Energy facilities in Saudi Arabia, the UAE, Kuwait, and Bahrain have all sustained damage in tit-for-tat strikes, before a Pakistani-brokered ceasefire took effect in April, 2026.

The US regime reportedly promised to unblock some Iranian assets to bring Tehran to the negotiating table in Islamabad, although it has publicly called the demand unacceptable.

Trump has repeatedly criticized his predecessor, Barack Obama, for allegedly sending Iran billions of dollars in “pallets of cash” under the 2015 nuclear deal, which Trump unilaterally withdrew from during his first term.

RT. com / ABC Flash Point Blog News 2026.

3 1 vote
Article Rating
Subscribe
Notify of
guest

2 Comments
Donnchadh
Donnchadh
Member
June 14, 2026 13:24

The USA has in effect stolen another countries money thats the plain truth ,if Iran accepts this then they haven’t won , they are agreeing to Donald s wishes.

The US has no rules other than take from others at gunpoint ,they are at least acting consistent according to their “cowboy movies ” .

I am watching Germany -V- Curacao on TV . Scotland won their match but have to do better against stronger teams .

Curacao EQUALED the score !! 1-1 both teams !!! Doing that against “mighty Germany ” says a lot for their fighting spirit.

Donnchadh
Donnchadh
Member
Reply to  Donnchadh
June 14, 2026 13:34

I know Dick Advocaat he was the manager of Glasgow Rangers at one time.