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

Iran rejects idea of using its assets to pay damages to US allies Iran's Deputy Foreign Minister Kazem Gharibabadi said on Sunday (Jun 7) that regional governments were "not in a position to demand reparations", responding to what he said were reports that the US could use Iranian assets to compensate regional allies for war-related damages. Gharibabadi added in a post on X that Iran's assets were "neither war spoils for Washington nor a payment fund for its allies". Reuters reported on...

Channel News Asia 2d ago

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

Iran rejects idea of using its assets to pay damages to US allies During the war, Iran launched missile and drone attacks on several Gulf countries, saying it was targeting US and Israeli interests in the region. Iran's Deputy Foreign Minister Kazem Gharibabadi said on Sunday (Jun 7) that regional governments were "not in a position to demand reparations", responding to what he said were reports that the US could use Iranian assets to compensate regional allies for war-related damages....

Channel News Asia 2d ago

Iran war: Even a peace deal won't fix energy crunch

Iran war: Even a peace deal won't fix energy crunch June 4, 2026As the Iran war approaches 100 days on Sunday, a comforting but flawed assumption has taken hold. Many policymakers, businesses and investors believe that a rapid reopening of the Strait of Hormuz will quickly bring down energy prices, once stranded oil and gas tankers can finally leave the Gulf. Yet top oil executives, shipping sector leaders and economists are predicting the opposite.

Deutsche Welle 6d ago

Oil choppy after U.S. completes Iran strikes following Apache helicopter attack

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CNBC 17h ago