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Event Brief

Iran-U.S. MoU creates separate reconstruction fund for Hormuz

An Iran-U.S. memorandum of understanding sets up a separate reconstruction fund alongside oil-sale revenues tied to Strait of Hormuz tolls.
WHO: Iran and the United States
WHAT: Memorandum of understanding establishes a separate massive reconstruction fund alongside oil-sale revenues related to Strait of Hormuz tolls.
WHEN: Jun 18, 2026 at 2:46 AM ET
WHERE: Iran and the United States
WHY: To strait of hormuz tolls.

Reporting from 2 identified publishers across this event arc.

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