Wall St Engine(@wallstengine):TRUMP ADMINISTRATION PROPOSES $5B MIDDLE EAST ENERGY REBUILD FUND: WSJ The U.S. is proposing $5B for a new fund to rebuild energy infrastructure damaged in the Iran war and reduce regional dependence on the Strait of Hormuz. Washington would seek matching contributions from Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman, Iraq and Jordan, potentially bringing the fund to $10B. The fund, called Pact, would be managed by the U.S. Development Finance Corporation. Discussions are still ongoing and terms could change. The proposal comes as Hormuz traffic remains sharply below pre-war levels and Gulf producers continue using costly workarounds to move oil.

2026.09.21 19:26

TRUMP ADMINISTRATION PROPOSES $5B MIDDLE EAST ENERGY REBUILD FUND: WSJ The U.S. is proposing $5B for a new fund to rebuild energy infrastructure damaged in the Iran war and reduce regional dependence on the Strait of Hormuz. Washington would seek matching contributions from Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman, Iraq and Jordan, potentially bringing the fund to $10B. The fund, called Pact, would be managed by the U.S. Development Finance Corporation. Discussions are still ongoing and terms could change. The proposal comes as Hormuz traffic remains sharply below pre-war levels and Gulf producers continue using costly workarounds to move oil.