US Eyes Frozen Iranian Assets to Rebuild Gulf Allies After $58B in Damage

Treasury Secretary Scott Bessent is exploring the use of frozen Iranian assets to compensate Gulf allies for an estimated $58 billion in infrastructure damage caused by Iranian retaliatory strikes, as peace negotiations between Washington and Tehran appear increasingly stalled. This economic warfare and the deliberate targeting of Middle Eastern energy infrastructure signals a deepening regional conflict centred on Iran — a nation Scripture identifies as a key player in end-times hostility toward Israel and her allies. The prophet Ezekiel foresaw a great coalition involving Persia (modern Iran) rising against Israel in the last days, and the accelerating financial and military entanglement of nations in this region aligns with that prophetic framework.