U.S. proposes $5B fund to rebuild Gulf energy infrastructure

The U.S. has proposed contributing $5 billion to a new fund aimed at helping Gulf nations rebuild energy infrastructure damaged during the Iran war, according to the WSJ.
The initiative would also seek to reduce the region's dependence on the Strait of Hormuz by strengthening alternative energy infrastructure and export routes.
If implemented, the investment could improve long-term supply resilience around one of the world's most important energy corridors, although the proposal remains subject to further negotiations and implementation details.