The United States Treasury Department plans to use Iranian assets to help Gulf allies recover from damage caused during the conflict with Iran. According to media reports, the Treasury intends to use all available legal authorities to make Iranian assets accessible for rebuilding and repair efforts linked to any future damage caused by Tehran.

US Treasury Secretary Scott Bessent has also directed officials to seek detailed estimates from Gulf allies on the costs of repairing damage attributed to Iran since the conflict began. The Treasury is further examining whether Iranian assets could be used to finance repairs for damage already suffered by Gulf countries during the conflict.