Iran's Assets Tied in Diplomatic Tussle Over Reparations

Iran's Deputy Foreign Minister Kazem Gharibabadi rejects the idea of using Iranian assets for reparations to regional allies, warning the U.S. against using them as compensation for war-related damages. Iran emphasizes that any unauthorized allocation of its assets would breach international law and result in consequences.

Iran's Deputy Foreign Minister Kazem Gharibabadi has firmly opposed attempts to use Iranian assets for reparations to regional allies, responding to reports indicating U.S. intentions for such actions. He made it clear that Iranian assets are neither war spoils for the U.S. nor funds for its allies.

According to a Reuters report, the United States is considering making Iranian assets available to Gulf allies for rebuilding and repairs of damages caused by Iran. Iran has retaliated with missile attacks on U.S. bases in Kuwait and Bahrain, claiming to strike against U.S. and Israeli interests.

With rebuilding costs estimated at $58 billion for energy infrastructure, Iran warns that any unauthorized use of its assets could lead to international repercussions. Tehran seeks the release of frozen funds and the lifting of sanctions in its negotiations with Washington to end the conflict.