American Treasury Secretary Stevens posted a statement on social media platform "X" on the 11th, stating that if Iran causes losses to American allies in the Gulf region, the United States will use frozen assets of Iran to compensate for those losses.
Any fees paid to the Persian Gulf Strait Management Authority will be deducted from Iran's account funds. Iran will only face more serious economic and financial consequences for each attack they launch." said Bernstein.
Earlier, sources familiar with the matter revealed that the Trump administration is considering using frozen Iranian assets to help American allies in the Persian Gulf region, to repair damage caused by Iranian attacks, and to address potential future disruptions.
According to this source, Besent has assigned a team to assess the costs incurred by Iran so far for damages caused to U.S. allies in the Gulf region. The U.S. will also consider using Iranian assets to compensate these countries for past losses. This means that Gulf nations that suffered losses due to attacks by Tehran or pro-Iran organizations many years ago may also be entitled to compensation.
Reuters analysis indicates that as US-Iran peace talks appear to have entered a deadlock, the US's move of threatening to deploy its assets in Iran could bring new friction to the fragile ceasefire agreement between the two countries.
In fact, Berson mentioned last month (May 29th) that as part of the economic component of the U.S. war against Iran, the United States has seized Iranian cryptocurrency assets worth $1 billion.
He also said that even if the United States lifts its financial and economic sanctions against Iran, the process will be very slow.
The U.S. Treasury announced on the same day that as part of the 'Economic Sting Action,' several individuals and entities related to Iran have been added to a new list of sanctions, in order to continue imposing economic pressure on Iran.
U.S. Treasury Secretary Ben Sander IC photo
Regarding the actions of the US, Kazem Gharibabadi, the Deputy Minister of Foreign Affairs of Iran, stated this week that the US has no right to use frozen Iranian assets to fund the post-war reconstruction efforts of its allies in the region.
It is worth mentioning that Mokhsing Rezai, the military advisor to Iran's supreme leader, previously stated in an interview with CNN that the achievement of a peace agreement between the United States and Iran depends on the US releasing the $24 billion in Iranian assets that have been frozen by the US.
Tehran insists on the thawing of these assets in order to alleviate the severely damaged economy caused by sanctions and to establish diplomatic trust. Iran requires that approximately $12 billion be withdrawn at the beginning of the agreement, with further $12 billion to be transferred over a subsequent 60-day negotiation period.
Rezaie emphasized, “If the United States wants to reach an agreement with Iran, $24 billion is not a large amount for the United States. Besides, this is our own money, not the American money.”
According to industry experts, due to the unilateral sanctions imposed by the United States, Iran has approximately $100 billion in overseas assets that cannot be withdrawn. The funds originate from past crude oil sales revenues and overseas reserves.
