{"id":931,"date":"2026-06-07T19:44:01","date_gmt":"2026-06-07T19:44:01","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=931"},"modified":"2026-06-07T19:44:01","modified_gmt":"2026-06-07T19:44:01","slug":"u-s-floats-steering-frozen-iran-assets-to-gulf-allies-for-repairs","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=931","title":{"rendered":"U.S. floats steering frozen Iran assets to Gulf allies for repairs"},"content":{"rendered":"<div>\n<p>The effort, which was described by a senior administration official who wasn\u2019t authorized to speak publicly, is unfolding alongside fitful talks between Washington and Tehran on a potential agreement to extend a truce in the Iran war. Negotiations appear to have bogged down over Tehran\u2019s insistence on the release of some $24 billion in frozen Iranian financial assets.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=929\">Trump says Fed rate increase would be wrong ahead of Warsh debut<\/a><\/p>\n<p>The Trump administration\u2019s approach would put some of the assets on a different path. The Treasury Department will use all tools available to allow Iranian assets to be used by Gulf allies to support rebuilding, the official said.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>The initiative risks further chilling negotiations on a truce extension, reopening the Strait of Hormuz and paving the way for more detailed talks over Iran\u2019s nuclear program.\u00a0<\/p>\n<p>Reuters reported earlier on the effort.<\/p>\n<p>An initial step is already underway, as the US government looks to calculate cost estimates for the repairs.\u00a0<\/p>\n<p>Treasury Secretary Scott Bessent has directed his team to assess conditions among US allies in the region and request comprehensive estimates of the costs associated with repairing damage inflicted by Tehran since the start of the conflict, the official said.\u00a0<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=927\">Anthropic CEO Dario Amodei spends 40% of his time on culture, not AI\u2014including a biweekly \u2018vision quest\u2019 where he ditches \u2018corpo speak\u2019<\/a><\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>Since the US and Israel began striking Iran on Feb. 28, Tehran and its proxies have launched missile and drone attacks on oil infrastructure, industrial sites and US military facilities throughout the region. Saudi Arabia, the United Arab Emirates, Kuwait and Bahrain have all sustained damage.\u00a0<\/p>\n<p>The Treasury Department also will consider whether Iranian assets could be used to support repairs for past damages, the official said. That opens the possibility of reimbursement for costs associated with restoring oil infrastructure targeted by Tehran and Iran-backed groups years ago.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>US President Donald Trump has mused that Tehran\u2019s strikes on its Persian Gulf neighbors have further alienated US allies in the region against Iran.\u00a0<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>Trump also has frequently criticized former President Barack Obama for transferring funds to Iran and indicated an unwillingness to cede leverage by relinquishing the assets, insisting instead that no money will be exchanged.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=925\">Gen Zers are arriving to college unable to even read a sentence\u2014professors warn it could lead to a generation of anxious and lonely graduates<\/a><\/p>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Treasury Secretary Scott Bessent has directed his team to assess conditions among US allies in the region and request comprehensive estimates.<\/p>\n","protected":false},"author":1,"featured_media":930,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[103],"tags":[],"class_list":["post-931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iran"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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