US considers transferring frozen Iranian assets to Kuwait and Bahrain
The US administration is exploring the possibility of seizing frozen Iranian financial assets to compensate Kuwait and Bahrain for infrastructure damage caused by the Islamic Revolutionary Guard Corps. The US Department of the Treasury is already assessing the scale of the destruction. However, officials have not yet decided whether the confiscation will target only bank accounts or include seized oil tankers as well.
This Washington initiative coincides with a sharp military escalation in the Strait of Hormuz, where US Central Command recently intercepted two Iranian drones following a series of reciprocal strikes. The support program remains highly selective, directing funds exclusively to key Gulf monarchies that host US military bases, which highlights Washington’s priority to protect its personnel.
Tehran reacted harshly to the threat, refusing any dialogue unless the US immediately releases 36 billion dollars of its frozen reserves and lifts the oil embargo. Pakistan is currently attempting to mediate the conflict to ease tensions in the region. Meanwhile, Donald Trump faces domestic pressure over rising fuel prices and urges critics not to rush the White House into a hasty agreement.
