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View all search resultsThe fund is designed to give both sides an economic incentive to conclude a final deal to end the war, said the source, who spoke on condition of anonymity because the plan has not yet been announced as Washington and Tehran prepare to sign on Friday.
The development of the stockpile, a first for the Marine Corps in Australia, comes as the United States is keen to leverage the continent's strategic location in the South Pacific to counter China's rapid military build-up, analysts said.
Now into the final year of his presidency, Macron has a chance to push his vision at the meeting of the seven leading powers where Trump will sit down at the table with France's top European allies, plus Canada and Japan.
US and Iranian officials said they had agreed on a framework to end their war, halt the US blockade of Iran and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Iran's nuclear program to further negotiations.
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