Iran rejects idea of using its assets to pay damages to US allies
- Iran's Deputy Foreign Minister Kazem Gharibabadi stated that Iranian assets are neither war spoils nor reparations and opposed using these assets to pay damages to US allies in the region.
- The United States considers using Iranian assets to support Gulf allies in rebuilding and repairing damages caused by Iran, according to official sources.
- Iran launched ballistic missile attacks on US bases in Kuwait and Bahrain; the US military intercepted most missiles, with some material damage reported but no casualties.
- Iran demands the release of billions in frozen assets, lifting of US and international sanctions, and recognition of its control over the Strait of Hormuz as part of a framework to end the conflict.
18 Articles
18 Articles
Iran dismisses reports US could use its assets to compensate allies
Iran on Sunday rejected reports claiming the U.S. could use some of Tehran’s assets to compensate regional allies for war damages. Deputy Foreign Minister Kazem Gharibabadi said in a post on X that Iran’s neighbors were “not in a position to demand reparations” and Tehran’s assets were “neither war spoils for Washington nor a payment…
Iran's Deputy Foreign Minister Kazem Gharibadi said today that the region's governments are "not in a position to demand compensation," in response to what he said was information that the U.S. could use Iranian assets to compensate its regional allies for war-related damage. Gharibadi added in a social network post X that Iran's assets "are not war booty for Washington or a payment fund for its allies."
Iran opposes use of its assets to pay reparations to U.S. Arab allies
President Trump said in an interview that aired on Sunday he would not move to unfreeze billions of dollars in Iranian assets before a formal peace agreement to end the US-Israel war with Iran.
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