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

  • The U.S. is reportedly considering using frozen Iranian assets to help Gulf allies pay for rebuilding and past war damage.
  • Iran says its assets are "neither war spoils nor a payment fund," calling any seizure wrongful and warning it would respond; Tehran is also seeking the release of some funds in talks to end the war.
  • Iran recently launched missiles and drones at U.S. bases in Kuwait and Bahrain (most were intercepted); a report estimates regional energy-related repair costs could reach about $58 billion.
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