Iran rejects idea of using its assets to pay damages to US allies

Source: Reuters

June 7, 2026 4:06 PM EDT Updated 10 hours ago


June 7 (Reuters) - Iran's Deputy Foreign Minister Kazem Gharibabadi said on Sunday that regional governments were "not in a position to demand reparations", responding to what he said ​were reports that the U.S. could use Iranian assets to compensate regional allies for war-related ‌damages.

Gharibabadi added in a post on X that Iran's assets were "neither war spoils for Washington nor a payment fund for its allies".

Reuters reported on Saturday, citing a source familiar with the matter, that the United States would make Iranian ​assets available to Gulf allies to support rebuilding and repairs for future damage caused by ​Iran. The United States would also consider using those assets to support repairs for past ⁠damages, the source said, adding that U.S. Treasury Secretary Scott Bessent had directed a team to ​assess the cost of damage already inflicted on Gulf allies by Iran.

During the war, Iran launched missile ​and drone attacks on several Gulf countries, saying it was targeting U.S. and Israeli interests in the region.

Read more: https://www.reuters.com/business/finance/iran-rejects-idea-using-its-assets-pay-damages-us-allies-2026-06-07/