The Trump administration plans to allocate $5 billion to establish a Middle East energy reconstruction fund.

```htmlAccording to The Wall Street Journal, the Trump administration has proposed investing $5 billion in a new fund designed to help Middle Eastern countries rebuild energy infrastructure damaged during the Iran war and reduce their reliance on the Strait of Hormuz for oil and natural gas transportation. Under the Trump administration's plan, the United States will seek equal contributions from partners—Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordan—to raise a $10 billion investment fund. The investment plan will be named “Pact of Trust and Partnership Building” (Pact for short). Negotiations on this initiative are currently underway. Some Middle Eastern officials have indicated that this move appears to be an attempt by the US to position the Strait of Hormuz as a less influential energy channel and to demonstrate the unity of the US and its allies in responding to Iran. They also noted that establishing a fund to rebuild destroyed energy facilities may be premature without a peace agreement with Tehran, as Iran could use drones and missiles to attack new infrastructure.```