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Exclusive-Iran deal includes $300 billion fund, more than half of which already committed, source says

  • A $300 billion private "Reconstruction and Development Fund" is part of the U.S.-Iran framework to encourage a final deal to end the war — Reuters says more than half is already committed.
  • The money would come entirely from private companies across the U.S., Gulf states, Asia, South America and Africa, aiming at energy, logistics, manufacturing and transport — not U.S. government funds.
  • The fund only becomes operational after a final agreement, is separate from sanctions-lifting talks, and is meant to incentivize Iran to comply and reopen the Strait of Hormuz.
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