Iran rejects idea of using its assets to pay damages to US allies

Iran has firmly rejected the notion that its frozen assets could be used to compensate regional allies for war-related damages, with Deputy Foreign Minister Kazem Gharibabadi calling such a move a "wrongful act."

Responding to reports that the United States might make Iranian assets available to Gulf allies for rebuilding and repairs, Gharibabadi stated on X that Iran's assets are "neither war spoils for Washington nor a payment fund for its allies." He added that regional governments were "not in a position to demand reparations."

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Iran's assets are neither war spoils for Washington nor a payment fund for its allies.

Reuters, citing a source, reported that the US Treasury Secretary had directed a team to assess the cost of damage inflicted on Gulf allies by Iran. The US might also consider using Iranian assets to support repairs for past damages, the report said.

Gharibabadi warned that any seizure, transfer, or allocation of Iranian assets without Tehran's consent would constitute a "new internationally wrongful act," potentially leading to US responsibility. He stated that such a move would prompt an "appropriate response" from Iran. The deputy minister also asserted that regional governments allowing their territory to be used for aggression against Iran should compensate Tehran for damages.

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any seizure, transfer or allocation of Iranian assets without the consent of the Iranian government would constitute 'a new internationally wrongful act'.