US Considers Using Frozen Iranian Assets to Cover Damages from Tehran's Gulf Attacks
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US Treasury Secretary Scott Bessent has proposed using frozen Iranian assets to compensate for damages caused by Iran's attacks on American allies in the Persian Gulf. The proposal represents a potential escalation in the ongoing tensions between Washington and Tehran in the strategically vital waterway. The Persian Gulf has been a flashpoint for regional conflicts, with Iran frequently targeting vessels and infrastructure belonging to US allies including Saudi Arabia and the United Arab Emirates. The US maintains significant frozen Iranian assets following years of economic sanctions imposed over Iran's nuclear program and regional activities.