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Global Business News

The Economic Times

Global Business / The Economic Times

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Trump terms $300 billion fund to rebuild Iran as 'fake news'

US President Donald Trump has dismissed claims of Washington paying Iran a massive sum. Reports suggested a $300 billion fund for investment, contingent on Iran's nuclear deal compliance. This fund would be for companies, not direct government payments. Sanctions relief would be phased, linked to Iran's actions. Officials emphasize no money has flowed to Iran yet.

16 Jun 2026 7:27 am