June 17, 2026
The facility is expected to be named the Reconstruction and Development Fund under the proposed framework
Scott Bessent directs a team to assess damage costs in Gulf allies
Iraq and Kuwait revenues plunge, while Iran, Oman, Saudi rise
Analysts warn Tehran may retain leverage over energy flows while Gulf states bear fallout
War shifts political fortunes as risks mount for US and Gulf allies
Iran has been accused of attacking airports, ports and oil facilities across the Gulf
Biman remains cautious as it keeps several key Middle East routes suspended
Iran reports at least 1,270 killed, including 40 in Tehran strike
