Live Update
From the Liveblog of
Tuesday, June 16, 2026
Report: Trump administration’s $300 billion Iran fund to be for companies, not governments

US President Donald Trump arrives for the G7 summit, June 15, 2026, in Evian-les-Bains, France. (AP/ Julia Demaree Nikhinson)
A $300 billion fund the Trump administration is considering for Iran would be created for companies keen to invest in the country and not from governments, the Financial Times reports, citing a source briefed on the talks.
Reuters could not immediately confirm the report.
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