US Secretary of State Marco Rubio has arrived in Abu Dhabi to begin a three-day diplomatic tour of the Gulf, aiming to secure regional support for the Iran peace deal reached last week.
The agreement, which ended a four-month conflict, includes a proposed $300 billion fund that has raised concerns among key US allies in the region.
Rubio’s mission focuses on reassuring Gulf partners who view the concessions in the deal with skepticism.
The Secretary of State is scheduled to visit the United Arab Emirates, Kuwait, and Bahrain over the next three days to discuss the ongoing nuclear negotiations and the financial architecture of the settlement.
The diplomatic push comes as markets adjust to the de-escalation of tensions in the Strait of Hormuz.
Oil prices have softened in recent sessions as the risk of shipping disruptions recedes, with Brent crude sliding near four-month lows.