- The Trump administration proposed investing $5 billion to launch the Partnership for Allied Trust and Construction (PACT) fund.
- The fund targets a total of $10 billion, with $5 billion coming from the US and $5 billion from eight regional partners.
- Proposed partners include Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordan.
- The fund is designed to rebuild energy infrastructure damaged during the seven-month Iran war.
- The plan aims to reduce Gulf countries' reliance on the Strait of Hormuz for oil and gas transport.
- The conflict disrupted global energy markets and damaged regional pipelines and refineries.
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