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$24bn 'trust test' for Trump? Khamenei aide seeks frozen assets, warns US of wider war
As the conflict in the Middle East escalates, Mohsen Rezaei, military adviser to Supreme Leader Ayatollah Mojtaba Khamenei, said a potential peace deal between the United States and Iran depends on the Trump administration agreeing to release $24 billion in frozen Iranian assets. In an interview with CNN, Rezaei said: "The negotiations are at a deadlock and (US President Donald) Trump must break this deadlock.
Iran says frozen funds key to progress in US talks
"If he (Trump) wants to reach an agreement with Iran, this US$24 billion is a test of trust that Iran wants to have with Trump," says Mohsen Rezaei, an adviser to Iran's supreme leader.
Iran peace deal at risk? US considers redirecting Iranian assets to Gulf states
The US administration is attempting to redirect Iranian assets to Gulf states for rebuilding and repairing damage caused by Iran following a wave of missile and drone strikes against Kuwait and Bahrain. US Treasury Secretary Scott Bessent has directed a team to assess the cost of damage already inflicted on America's Gulf allies, with Washington also considering the use of Iranian assets to fund repairs for any future destruction linked to the conflict, Reuters reported. The announcement...
Trump says he secured halt to Israel’s offensive in Lebanon, keeps door open for Iran talks
The US president further eased tensions sparked by Tehran's announcement on Monday of an end to mediated negotiations, saying in a separate post on Truth Social that talks with the Islamic Republic continued "at a rapid pace". In a fast-moving chain of events on Monday, US President Donald Trump said no Israeli troops will be "going to Beirut, and any troops that are on their way, have already been turned back” after talking to both Israeli Prime Minister Benjamin Netanyahu and Hezbollah. In...
Live: Israel reports missiles from Iran in first bombardment since fragile ceasefire
The Israeli military vowed on Sunday to press ahead with its military campaign in Lebanon and said it would step up operations against Hezbollah shortly after Iran launched multiple missiles at Israel. Israeli defences intercepted all the Iranian missiles, the military said. Follow our liveblog for the latest updates.
Iran war day 98: Tehran raises doubts on deal as Lebanon fighting continues
Iran war day 98: Tehran raises doubts on deal as Lebanon fighting continues Israel strikes Lebanon despite ceasefire, while Hezbollah rejects deal as death toll tops 3,500. Israel has continued to carry out deadly strikes across Lebanon despite the announcement of a new US-brokered ceasefire agreement reached by Lebanese and Israeli officials in Washington, DC. The violence has pushed the number of casualties higher, with Lebanon’s Ministry of Public Health reporting that at least 3,526...
Reports: Washington could tap into Iran's frozen billions to pay for Gulf attack damage
The Iranian assets Washington is considering reallocating could include frozen funds, along with ships previously seized by the United States. The United States is considering reallocating Iranian assets to support its allies in the Gulf region with reconstruction efforts and compensation for damage resulting from Iranian attacks, according to a Reuters report. US Treasury Secretary Scott Bessent has reportedly tasked a specialised team with drawing up a comprehensive assessment of the cost...
Iran closes airspace after 'warning' attacks against Israel
Iran closes airspace after 'warning' attacks against Israel Published June 6, 2026last updated June 7, 2026What you need to know - Iran fires missiles toward Israel - Israeli army says it intercepted projectiles fired from within Lebanon despite ceasefire - US says it destroyed two Iran drones targeting Hormuz shipping - One killed, several injured in shooting attack in Israel Read below for a roundup of news related to the Iran war and the wider Middle East on Saturday, June 6, and Sunday,...
Deadly drone strike on Kuwait airport as Iran, US trade fire
Deadly drone strike on Kuwait airport as Iran, US trade fire The attack, which Kuwait described as an act of "criminal Iranian aggression", is one of the more severe tests yet of the fragile US-Iran ceasefire. An Iranian drone strike on a passenger terminal in Kuwait's international airport killed one person and wounded 63 more on Wednesday (Jun 3), Kuwaiti officials said, as conflict escalated between Tehran and US forces in the Gulf. The attacks marked one of the more severe tests yet of a...
US eyes Iranian assets for Gulf allies' reconstruction, source says
US eyes Iranian assets for Gulf allies' reconstruction, source says US Treasury Secretary Scott Bessent has directed a team to assess costs for damages already inflicted on Gulf allies by Iran, the source said. The US government will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, a source familiar with the matter said, as Tehran followed up a wave of strikes against Kuwait and Bahrain with further drone launches. US Treasury Secretary...