Bessent Pulls Trigger On Using Frozen Funds To Reimburse Gulf Allies: 'Iran Will Pay'

Bessent Pulls Trigger On Using Frozen Funds To Reimburse Gulf Allies: 'Iran Will Pay' US Treasury Secretary Bessent announced on X Thursday morning that Washington is moving forward on a plan to compensate America's Gulf regional allies for damage sustained during Iranian counterattacks on their energy and civic infrastructure. He made clear that any damage to Gulf allies would be paid for with frozen Iranian funds, which Tehran leadership has long blasted as blatant theft. Acco...

By Tyler Durden