Tuesday, June 16, 2026

OPINION_ Ruddy: Say 'No' to $300 Billion Iran Reconstruction Fund (Christopher Ruddy - NEWSMAX)

NEWSMAX

OPINION

Ruddy: Say 'No' to $300 Billion Iran Reconstruction Fund


A smoke plume rises from a fire near Dubai International Airport on March 16, 2026. Flights were gradually resuming at Dubai airport. A "drone-related incident" sparked a fuel tank fire nearby, as Iran kept up its Gulf attacks. (AFP via Getty Images)

By Christopher Ruddy
Tuesday, 16 June 2026 03:37 PM EDT
Current | Bio | Archive 

President Trump was right to call reports of a $300 billion reconstruction fund for Iran "fake news." 

He should keep calling them that until the idea is dead, buried and impossible to revive under another name.

Vice President JD Vance has sought to reassure skeptics about the plan.

"The Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting," the Vice President said this past weekend.

Vance then said economic benefits would flow only if Tehran meets its obligations under a future agreement.

That is better than a blank check, but its suggests a $300 billion is still in the works and part of the Memorandum of Understanding (MOU) that starts a 60-day ceasefire.

Here's the central question: why should Iran receive access to any reconstruction fund let alone one with $300 billion?

The floated proposal makes no sense.

Worse, it is dangerous.

...


READ MORE: https://www.newsmax.com/ruddy/uae-graham-gulf/2026/06/16/id/1259849/

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