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US Treasury Secretary Pledges Iranian Funds for Gulf Ally Compensation
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US Treasury Secretary Pledges Iranian Funds for Gulf Ally Compensation

US Treasury Secretary Scott Pissent vowed to use Iranian funds to compensate for damages caused by Tehran to Washington's Gulf allies, warning of severe economic repercussions from the Islamic Republic's attacks. Meanwhile, efforts to reach a preliminary agreement between Iran and the US have intensified, with discussions focusing on releasing frozen Iranian funds.

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