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Trump administration proposes $5 billion to kickstart investment fund to rebuild Gulf energy sites, WSJ reports

The fund would back energy repairs and projects to bypass the Strait of Hormuz, with the DFC aiming to spur reconstruction and investment.

  • On Monday, the Trump administration reportedly proposed a $5 billion fund to rebuild Middle East energy infrastructure damaged during the seven-month war with Iran, aiming to reduce regional reliance on the Strait of Hormuz.
  • Repeated Iranian missile and drone strikes since late February caused extensive damage to refineries, pipelines, and export terminals, prompting this energy-focused proposal rather than broader civilian reconstruction.
  • Washington seeks matching $5 billion contributions from eight partners—Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordan—to reach $10 billion total, led by the International Development Finance Corporation.
  • Gulf officials cautioned that rebuilding while hostilities continue risks creating new targets for strikes. The White House has not issued an official announcement, and Reuters could not independently verify the Wall Street Journal report.
  • Led by the International Development Finance Corporation, the fund aims to leverage private investment alongside government backing to secure energy export routes and support regional allies against ongoing security threats.
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The United States has proposed contributing $5 billion to a new fund to rebuild energy infrastructure in the Middle East, The Wall Street Journal reported. Under President Donald Trump's plan, eight other regional partners of Washington - Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Kuwait, Oman, Iraq and Jordan - are expected to provide the same amount. This would bring the total size of the fund to $10 billion. The plan also include…

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Lean Right

Trump administration proposes $10 billion fund for Middle East energy recovery. The Trump administration has proposed setting aside $5 billion to create a fund that would help Middle Eastern countries restore energy infrastructure damaged during the war with Iran and reduce their dependence on the Strait of Hormuz for oil and gas transportation, the Wall Street Journal reported, citing U.S. and Middle Eastern officials.

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Reuters broke the news in London, United Kingdom on Monday, September 21, 2026.
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