Trump now plans to extort money from Iran to compensate for the losses suffered by Gulf countries in the attacks.

New Delhi. Gulf nations have suffered huge losses in the war between America-Israel and Iran. Now America is working on a new plan to compensate for this. In this, the cost of damage caused to Gulf countries due to Iranian attacks will be indirectly recovered from Iran itself.

US Treasury Secretary (Finance Minister) Scott Besant has instructed his team to assess the situation in the Gulf countries (America’s allies) and the cost of the damage caused by Iran.

America is looking for a way by which Iran’s money, which is frozen due to sanctions, can be given to the Gulf countries. The aim is that if there is any attack from Iran in future and there is loss, then it can be compensated with this money. America is also looking at whether these funds can be used to repair the damage and destruction caused earlier.

If this really happens then Iran may get further enraged. In fact, one of the conditions of the pending peace agreement between the two countries is the freezing of assets. Iran wants America to release this frozen asset.

Iran also said on Friday that a possible peace agreement between the US and Iran depends on whether the Trump administration agrees to release Iran’s frozen assets worth $24 billion. Also warned that if America starts fighting again, it will go on ‘a dark path’.

Mohsen Rezaei, military advisor to Supreme Leader Mojtaba Khamenei, had said in an interview with CNN that if the Trump administration releases these funds, it will be ‘a new beginning’ for the future of Iran and America. He said, ‘If he (Trump) wants to make a deal with Iran, then this $24 billion is a test of the trust that Iran wants to establish with Trump. This is a test in which America will have to succeed and this will open the way forward. He further said, ‘This is our own money, not America’s.’

What are Iran’s frozen assets?

Iranian frozen assets or Iranian assets are those assets of Iran to which Iran’s access is blocked due to US sanctions. Most of the Iranian funds are not stuck in America but in other countries, like South Korea, Iraq, China, Japan, Qatar etc.

This includes Iran’s dollar and foreign currency reserves deposited in foreign banks, money earned from selling oil, some real estate and other assets, assets related to cryptocurrency, etc.

Actually, Iran is targeting Gulf countries to avenge American attacks. In this, there were attacks from Iran on Saudi Arabia, UAE, Kuwait and Bahrain. Iran says that these attacks are on American military bases there. But Gulf countries claim that even airports, oil storage facilities and petrochemical plants were targeted.

After these latest attacks, it is being considered to use Iran’s frozen assets to compensate for the losses suffered by Gulf allies.