According to US and several Middle Eastern officials, the Trump administration has proposed injecting $5 billion into a new fund to help Middle Eastern countries rebuild their energy infrastructure damaged during the Iran war and reduce their dependence on oil and gas transportation in the Strait of Hormuz. This move is tantamount to a tacit admission that the seven-month conflict has disrupted global energy markets, destroyed oil pipelines and refineries in the region, and that rebuilding these facilities will cost huge sums of money. According to Trump's plan, the US will seek equal funding from eight Middle Eastern partners — Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordan, with the goal of setting up an investment fund of 10 billion US dollars. The investment fund will be named “Allied Trust and Partnership Building”. US officials said discussions on the fund are ongoing, and the terms of the relevant arrangement may change. It's unclear when other countries will officially join.

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