Gulf States to Fund Iran Rebuilding Under $300 Bln Plan

Persian Gulf countries are expected to finance a proposed $300 billion reconstruction fund for Iran, while the United States will not contribute financially, according to a report by Fox News citing details of a reported US-Iran memorandum.

The report said Gulf nations would provide investment for rebuilding efforts, while Washington would retain oversight of foreign business activity in Iran through licensing, exemptions, and regulatory approvals.

According to the memorandum, US sanctions on Iran would remain in place until a final agreement is reached, with any broader sanctions relief tied to future negotiations.

The reported framework highlights a potential shift toward regional financing of Iran's reconstruction while preserving a significant US role in regulating international commercial engagement with the country.