US, allies to make plan for $300 billion Iran reconstruction fund

US says Iran will be allowed to sell oil as soon as deal is signed | Iran commits to dilute enriched uranium under deal

Published: 10:37 PM, 17 Jun, 2026
US, allies to make plan for $300 billion Iran reconstruction fund

Iran could get access to a $300 billion reconstruction fund under a deal with the United States, US officials said Wednesday as they released the text, while insisting that Washington was under no commitment to contribute.

Tehran would also be allowed to resume oil sales as soon as the agreement is signed this week, while all sanctions would be lifted if a final deal is reached after a 60-day negotiation period, the senior administration officials said.

Also, US said Iran will be allowed to sell oil as soon as deal is signed.

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