22-September-2026
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Economy News
 
US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: Report
22-Sep-2026

The Trump administration has proposed investing $5 billion in a new fund to help Middle Eastern countries rebuild energy infrastructure damaged during the Iran war and reduce their dependence on the Strait of Hormuz for transporting oil and gas, The Wall Street Journal reported on Tuesday.

News Source:- https://economictimes.indiatimes.com/news/international/world-news/us-wants-to-redraw-gulfs-energy-map-with-a-5-billion-bet-beyond-hormuz-report/articleshow/134400654.cms