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BlockBeats News, June 12th. US Treasury Secretary Yellen stated that if Iran inflicts harm on US Gulf allies, the US may use frozen Iranian assets for compensation, covering security and shipping costs in the region.
Yellen pointed out that Iran is "playing a zero-sum game" and emphasized that any harm to US allies would be compensated using funds in Iranian accounts. He also mentioned that expenses related to shipping through the Strait of Hormuz may also be offset using the frozen Iranian assets.
Currently, the US-Iran dispute over asset ownership and usage rights continues to escalate. The US has long restricted Iran's oil and financial system through sanctions and asset freezes, while Iran has demanded the return of around $240 billion in frozen assets and denied US authority to use the funds. Analysts noted that if such statements are further implemented, it could exacerbate the uncertainty in the Middle East's financial and energy transportation systems.
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