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Treasury intends to use Iranian assets for Gulf allies to rebuild: CBS report

The Hill
June 8, 2026 at 2:54 AM
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Treasury intends to use Iranian assets for Gulf allies to rebuild: CBS report

The Treasury Department is planning to use Iranian assets to assist Gulf allies in the rebuilding process resulting from Iranian damage from the war, according to a new report. CBS News, citing a source aware of Treasury Secretary Scott Bessent’s thoughts, reported Saturday that Iranian assets are set to be used by the department in…

The Treasury Department is planning to use Iranian assets to assist Gulf allies in the rebuilding process resulting from Iranian damage from the war, according to a new report. CBS News, citing a source aware of Treasury Secretary Scott Bessent’s thoughts, reported Saturday that Iranian assets are set to be used by the department in…