US weighs using Iranian assets for Gulf war repairs (opens in new tab)

The U.S. Treasury Department is examining whether Iranian assets can be redirected to Gulf allies for rebuilding and repairs after attacks attributed to Tehran, a source familiar with Treasury Secretary Scott Bessent's thinking told CBS News and other publications. Bessent directed Treasury officials to request comprehensive damage estimates from Gulf partners and assess whether Iranian assets could pay for damage already sustained as well as future damage, the source said. The source did not...