Monday, September 21, 2026

U.S. Proposes $5 Billion to Kickstart Fund to Rebuild Gulf Energy Sites

Good news! This is fast!

"The Trump administration has proposed investing $5 billion in a new fund that would help Middle East countries rebuild energy infrastructure battered in the Iran war and reduce their reliance on the Strait of Hormuz to transport oil and gas, according to U.S. and Middle Eastern officials and documents seen by The Wall Street Journal. ..."

Exclusive | U.S. Proposes $5 Billion to Kickstart Fund to Rebuild Gulf Energy Sites - WSJ (behind paywall) "Proposal is under discussion with several Middle Eastern countries including Saudi Arabia and U.A.E."

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