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The U.S. is reportedly considering using frozen Iranian assets to finance the rebuilding by Gulf allies who sustained damages resulting from the country's strikes. Getty Images The U.S. is reportedly ...

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In brief: The US is planning to authorize the use of frozen Iranian financial assets to fund reconstruction and recovery efforts in Persian Gulf nations affected by Tehran’s military strikes. Sources ...

The Iranian assets Washington is considering reallocating could include frozen funds, along with ships previously seized by the United States. The United States is considering reallocating Iranian ...

The Trump administration is considering a move that would have seemed unlikely just a few months ago: using frozen Iranian money to help Gulf countries recover from damage linked to the conflict. The ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company owns 19 acres at the ...

Treasury Secretary Scott Bessent plans to roll out a new program to help Gulf allies rebuild after a series of Iranian attacks – paid for by tapping into Iran’s own assets. “Treasury will utilize all ...

Richard Escobedo covers economic policy at CBS News and is a coordinating producer at Face the Nation with Margaret Brennan. He joined CBS in 2018 and is a graduate of Texas Christian University in ...

The Trump administration is seeking to steer Iranian assets toward helping US allies in the Persian Gulf rebuild from damage inflicted by Tehran, and to repair any future destruction. The effort, ...

The US has instructed officials to obtain detailed financial projections from partner nations in the Gulf regarding the total expenditure required to fix infrastructure hit since the hostilities ...