THE TRUMP ADMINISTRATION HAS PROPOSED INVESTING $5 BLN IN A NEW FUND THAT WOULD HELP MIDDLE EAST COUNTRIES REBUILD ENERGY INFRASTRUCTURE BATTERED IN THE IRAN WAR AND REDUCE THEIR RELIANCE ON THE STRAIT OF HORMUZ TO TRANSPORT OIL AND GAS, ACCORDING TO U.S. AND MIDDLE EASTERN OFFICIALS AND DOCUMENTS SEEN BY THE WALL STREET JOURNAL, IN A TACIT ACKNOWLEDGMENT THAT THE SEVEN-MONTH CONFLICT HAS ROILED THE GLOBAL ENERGY MARKET AND DESTROYED REGIONAL PIPELINES AND REFINERIES. - WSJ
THE TRUMP ADMINISTRATION HAS PROPOSED INVESTING $5 BLN IN A NEW FUND THAT WOULD HELP MIDDLE EAST COUNTRIES REBUILD ENERGY INFRASTRUCTURE BATTERED IN THE IRAN WAR AND REDUCE THEIR RELIANCE ON THE STRAIT OF HORMUZ TO TRANSPORT OIL AND GAS, ACCORDING TO U.S. AND MIDDLE EASTERN OFFICIALS AND DOCUMENTS SEEN BY THE WALL STRE