US wants to send frozen Iranian assets to Gulf allies – media The Trump administration is reportedly considering using frozen Iranian assets to fund repairs for energy and other infrastructure in Gulf Arab states damaged by Iranian retaliatory strikes. This initiative emerges as indirect talks between Washington and Tehran are stalled due to Iran’s demand for access to its frozen funds, which Tehran considers its own money and a prerequisite for a lasting peace deal. Iran has demanded immediate access to at least $12 billion of its assets, with the remainder to follow within months, as energy facilities in Saudi Arabia, the UAE, Kuwait, and Bahrain have sustained damage in tit-for-tat strikes.

• The US Treasury Department is exploring options to use frozen Iranian assets for rebuilding infrastructure in Gulf Arab states damaged by Iranian strikes.
• Iran is demanding access to its frozen funds as a condition for a lasting peace deal with Washington, seeking immediate release of $12 billion.
• Energy facilities in Saudi Arabia, the UAE, Kuwait, and Bahrain have been damaged in retaliatory strikes since the US and Israel attacked Iran.
• Indirect talks between the US and Iran have stalled over Iran’s demand for access to its frozen assets.