EconomyTrump administration proposes $5 billion Gulf energy reconstruction fund, WSJ reports
The Trump administration has proposed putting $5 billion into a new fund to help Middle Eastern countries rebuild energy infrastructure damaged in the Iran war and reduce their reliance on the Strait of Hormuz for oil and gas transport, the Wall Street Journal reported, citing U.S. and Middle Eastern officials and documents.
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Reuters★★★★☆2026-09-21 19:40Original
Trump administration proposes $5 billion Gulf energy reconstruction fund, WSJ reports
Economy