Tehran pushes back on reported US plan for frozen assets
Reports that Washington is considering using frozen Iranian assets to compensate Persian Gulf allies for damage allegedly caused by Iran have triggered a backlash in Tehran, where access to the funds remains a central demand in negotiations with the United States.
Reuters reported on Saturday, citing a source familiar with the matter, that Washington is considering making frozen Iranian assets available to Persian Gulf partners to help cover future damage allegedly caused by Iran.
The report said the US Treasury is also examining whether the funds could be used to compensate for past losses and has begun assessing costs incurred by Gulf allies. The report has not been confirmed by the Treasury Department.
The sums involved could be substantial. Estimates of frozen Iranian assets vary, but they are widely believed to amount to tens of billions of dollars held abroad, including in countries such as South Korea and Iraq.
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