USA News

The US Treasury will utilise Iranian assets to assist Gulf allies in recovery efforts from damages incurred during the Iran war, according to sources. Treasury Secretary Scott Bessent has directed evaluations of the costs for repairs and potential asset access for financing, though specifics on the assets remain unclear.

U.S. and Iranian negotiators have outlined broad principles for a potential agreement, addressing key contentious issues. However, President Trump has indicated that the White House will take its time before finalising any deal, emphasising a cautious approach to the negotiations.

The Trump administration is preparing for potential military strikes against Iran while diplomatic efforts continue, although no final decision has been made. U.S. military and intelligence personnel are adjusting plans amid concerns of Iranian retaliation, as Tehran reviews a recent U.S. proposal for a conflict resolution.

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