Iran could access $300B for rebuilding under US deal funded by Gulf states attacked by Tehran

WASHINGTON — Iran is poised to attract up to $300 billion in investments from the very Gulf states it targeted with drones and missiles throughout the more than three-month-old war — if it can get its act together, Vice President JD Vance said Monday.“That’s the sort of thing they could have access to, funded by the Gulf Coast Coalition, so long as they honor their end of the obligation,” Vance told CBS News on Monday, when asked whether the US-Iran memorandum of understanding electronically signed Sunday allowed for a “$300 billion reconstruction fund.”While the vice president made clear that the funds — meant for Iran’s reconstruction — will only be paid upon Iran meeting certain requirements, critics are skeptical, as the MOU’s text has yet to be released and Iran has not acknowledged the conditions attached to the funds.“We absolutely are open to the Gulf Coast countries investing in the reconstruction of Iran, but only if Iran ends their nuclear program, ends their enriched stockpile of material, and is really open to an inspections and enforcement regime that gives the American people confidence they’re never going to have a nuclear weapon,” Vance said.Sen.Lindsey Graham (R-SC) has signaled his skepticism of the MOU and the potentially massive payout for Iran, posting X on Friday that “idea of a $300 billion reconstruction fund, given who is in charge of Iran, seems to be tone deaf.

It would be akin to a Marshall Plan for Germany with the Nazis still in charge.” By Monday, the hawkish senator said he expects the Trump administration to release the text so he wouldn’t have to rely on “Iranian propaganda reports.”Provided the MOU actually says what the White House is claiming, Graham said, “the proposal as envisioned by the Vice President and the Trump Administration to end the Iranian conflict would be transformative for the region and a major achievement, leading to broader peace.”When the US and Israel attacked Iran ...