Iran Denies U.S. Proposal to Use Its Assets for Regional Reparations
Iran Rejects Idea of Using Its Assets to Pay Damages to US Allies
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Iran's Deputy Foreign Minister Kazem Gharibabadi rejected claims that the U.S. could use Iranian assets to compensate Gulf allies for war damages, stating these assets are not for such purposes. He emphasized that any unauthorized action on these assets would be considered a wrongful act, escalating tensions in the region.
- 01Kazem Gharibabadi stated that regional governments cannot demand reparations from Iran.
- 02Reports suggest the U.S. might use Iranian assets to aid Gulf allies in reconstruction efforts.
- 03Iran launched missile attacks on U.S. bases in Kuwait and Bahrain, claiming to target U.S. and Israeli interests.
- 04The Middle East conflict could incur repair costs up to $58 billion for energy infrastructure, according to Rystad Energy.
- 05Iran is negotiating for the release of its frozen assets and the lifting of sanctions as part of ending the ongoing conflict.
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Iran's Deputy Foreign Minister Kazem Gharibabadi firmly rejected suggestions that the United States could utilize Iranian assets to compensate Gulf allies for damages incurred during regional conflicts. He asserted that Iran's assets are not intended as reparations for the U.S. or its allies. Gharibabadi's comments came in response to reports that the U.S. Treasury Secretary Scott Bessent is assessing the costs of damages inflicted on Gulf states by Iran. He warned that any seizure or allocation of Iranian assets without consent would be viewed as a new wrongful act, increasing U.S. responsibility amidst ongoing negotiations with Tehran. The backdrop includes recent missile attacks by Iran on U.S. bases in Kuwait and Bahrain, which Iran claims were aimed at U.S. and Israeli interests. Additionally, a report by Rystad Energy highlighted that the conflict could lead to repair costs of up to $58 billion for energy-related infrastructure. Gharibabadi also criticized certain regional governments for their role in aggression against Iran, asserting they are not in a position to demand reparations from Tehran, which is also seeking the release of billions in frozen assets as part of peace negotiations.
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The rejection of U.S. proposals may escalate tensions in the region, affecting diplomatic relations and economic stability.
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