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Who pays for Iran’s recovery? US$300 billion fund emerges as flashpoint in ceasefire deal

Ambiguity fuels concern that Gulf countries may be expected to finance a post-war effort for a conflict in which they had limited say

3-MIN READ3-MINCao Jiaxuanin BeijingandAlyssa Chenin Hong KongPublished: 10:00pm, 18 Jun 2026A US$300 billion reconstruction fund for Iran has emerged as a flashpoint in a newly reached ceasefire agreement between Washington and Tehran, raising fresh questions over who will ultimately bear the cost.

Yet, the agreement offers no details on how contributions will be allocated.

US President Donald Trump moved quickly to distance Washington from direct financial responsibility.

00:59Trump thanks China’s Xi, Russia’s Putin for being ‘neutral’ in Iran warHis remarks appeared to contradict comments by US Vice-President J.D. Vance, who told CBS on Monday that Iran could gain access to a reconstruction fund backed by what he called a “Gulf coast coalition”, provided Tehran met its obligations under the deal.

Read original at South China Morning Post

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