LBCI

US eyes Iranian assets for Gulf allies' reconstruction: Reuters

Middle East News

07-06-2026 | 05:55

Share

Share

US eyes Iranian assets for Gulf allies' reconstruction: Reuters

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.

The disclosure came a day after Mohsen Rezaei, an adviser to Iran's supreme leader, told CNN that a peace deal to end the three-month-old war hinged on the release of $24 billion in Iranian assets frozen by the United States.

Reuters

World News

Middle East News

Iranian

assets

allies'

reconstruction:

Reuters

Next

One killed, five wounded in Israel shooting attacks

Iran condemns 'flagrant ceasefire violation' after US strikes

Previous

Recommended For You

One killed, five wounded in Israel shooting attacks

Middle East News

06:59

One killed, five wounded in Israel shooting attacks

Iran condemns 'flagrant ceasefire violation' after US strikes

Middle East News

09:25

Iran condemns 'flagrant ceasefire violation' after US strikes

Iran state TV says US denied visas to 15 World Cup delegation members

Middle East News

07:51

Iran state TV says US denied visas to 15 World Cup delegation members

Kuwait says new Iran attack 'dangerous escalation'

Middle East News

2026-06-06

Kuwait says new Iran attack 'dangerous escalation'

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Armenia votes in test of PM's pivot away from Russia

06:38

Armenia votes in test of PM's pivot away from Russia

Israeli military says it struck Hezbollah Radwan Force infrastructure in Baalbek

2026-02-26

Israeli military says it struck Hezbollah Radwan Force infrastructure in Baalbek

Lebanese Army Chief meets head of ceasefire monitoring committee, stresses need to support the army

2026-05-02

Lebanese Army Chief meets head of ceasefire monitoring committee, stresses need to support the army

UAE has been secretly carrying out attacks on Iran: WSJ

Middle East News

2026-05-12

UAE has been secretly carrying out attacks on Iran: WSJ

Videos

Rene Mouawad Airport in Qlayaat opening ceremony held in presence of Lebanese officials—Video

2026-06-06

Rene Mouawad Airport in Qlayaat opening ceremony held in presence of Lebanese officials—Video

Israeli army releases footage of first tank crossing Litani River toward Beaufort Castle

2026-05-31

Israeli army releases footage of first tank crossing Litani River toward Beaufort Castle

Iran uses cluster bombs to target Israel: AiTelly explains what happens when a missile is intercepted—Video

2026-03-25

Iran uses cluster bombs to target Israel: AiTelly explains what happens when a missile is intercepted—Video

At least 19 killed after strike destroys three-story building in Sir el-Gharbiyeh: Video

2026-03-08

At least 19 killed after strike destroys three-story building in Sir el-Gharbiyeh: Video

Israeli airstrike targets Beirut’s southern suburbs: Video

2026-03-06

Israeli airstrike targets Beirut’s southern suburbs: Video

Intense consecutive airstrikes hit Beirut’s southern suburbs: Video

2026-03-05

Intense consecutive airstrikes hit Beirut’s southern suburbs: Video

Israeli army launches evening airstrikes on Beirut’s southern suburbs after evacuation warning

2026-03-05

Israeli army launches evening airstrikes on Beirut’s southern suburbs after evacuation warning

Smoke rises over Beirut’s southern suburbs as Israel targets area: Video

2026-03-02

Smoke rises over Beirut’s southern suburbs as Israel targets area: Video

German President Steinmeier meets Lebanon's President Aoun at Baabda Palace—Video

2026-02-16

German President Steinmeier meets Lebanon's President Aoun at Baabda Palace—Video

Most read

24 hours

7 days

Month

Rene Mouawad Airport: From wartime base to future aviation hub

1

Rene Mouawad Airport: From wartime base to future aviation hub

US ambassador says Lebanon is deciding its future independently, comments on Washington talks and airport project

2

US ambassador says Lebanon is deciding its future independently, comments on Washington talks and airport project

PM Salam condemns Israeli strike on Lebanese Army, calls it “deliberate crime”

3

PM Salam condemns Israeli strike on Lebanese Army, calls it “deliberate crime”

Lebanese Army chief leaves for Pakistan on official visit at invitation of counterpart

4

Lebanese Army chief leaves for Pakistan on official visit at invitation of counterpart

War in the South: Lebanon caught between competing ceasefire visions

5

War in the South: Lebanon caught between competing ceasefire visions

Official source to LBCI: Lebanese Army Commander’s Pakistan visit pre-planned, focuses on military cooperation

6

Official source to LBCI: Lebanese Army Commander’s Pakistan visit pre-planned, focuses on military cooperation

Speaker Berri says Israeli strike in Khardali was “not a mistake,” offers condolences to Lebanese Army

7

Speaker Berri says Israeli strike in Khardali was “not a mistake,” offers condolences to Lebanese Army

Lebanon health ministry says 3,593 killed, 10,990 wounded in Israeli attacks since March 2

8

Lebanon health ministry says 3,593 killed, 10,990 wounded in Israeli attacks since March 2

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More