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Trump administration proposes $5 billion fund to rebuild Middle East energy infrastructure
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According to a Wall Street Journal report cited by Jin10 on September 22, the Trump administration has proposed investing $5 billion into a new fund aimed at rebuilding energy infrastructure in Middle Eastern countries damaged during the Iran war. The fund, named the 'Allies Trust and Building Partnership' (Pact), seeks to reduce these nations' dependence on the Strait of Hormuz for oil and gas transit. The U.S. plans to secure matching contributions from partners including Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordan, aiming for a total $10 billion investment fund. Negotiations are currently underway. Some Middle Eastern officials view the initiative as an attempt by the U.S. to diminish the strategic importance of the Strait of Hormuz and demonstrate unity against Iran. However, they caution that establishing such a fund to rebuild destroyed energy facilities is premature without a peace agreement with Tehran, as Iran could potentially use drones and missiles to attack new infrastructure.
Source report
September 22 – According to a report by The Wall Street Journal, the Trump administration has proposed investing $5 billion in a new fund aimed at helping Middle Eastern countries rebuild energy infrastructure damaged during the Iran war, while reducing their dependence on the Strait of Hormuz for oil and gas transportation.
Under the administration's plan, the United States would seek matching contributions from partner nations—including Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordan—to raise a total of $10 billion for the investment fund.
The initiative would be named the "Partnership for Allied Confidence and Trust" (PACT) . Negotiations are currently underway.
Some Middle Eastern officials have indicated that the move appears to be an effort by the United States to position the Strait of Hormuz as a less critical energy corridor, while demonstrating unity among the U.S. and its allies in confronting Iran.
These officials also noted that establishing a fund to rebuild destroyed energy infrastructure without first reaching a peace agreement with Tehran may be premature, as Iran could potentially use drones and missiles to attack new infrastructure.
Source
金十数据Western
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Trump administration proposes $5 billion fund for Middle East energy rebuild after Iran war