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Trump says US Navy will escort tankers through Strait of Hormuz 'if necessary'
President Trump ordered the U.S. Navy to escort tankers and directed the Development Finance Corporation to offer insurance to maintain energy flow amid Iran's threats, impacting 20% of global oil.
- On Tuesday, President Donald Trump announced the administration is considering deploying U.S. naval vessels to escort oil and gas tankers through the Strait of Hormuz and is meeting with Energy and Treasury secretaries to discuss options.
- After U.S.-Israeli strikes over the weekend killed Iran’s supreme leader, U.S. crude prices surged nearly $10 per barrel since last week amid Iran targeting vessels in the Strait of Hormuz.
- Examining government-backed maritime insurance is among the options under discussion, as marine insurance companies have sharply raised premiums for commercial tankers transiting the Strait of Hormuz.
- The U.S. military reports it has sunk 11 Iranian ships since Saturday, shifting focus toward missile threats, and Secretary of State Marco Rubio said Monday the administration will unveil a plan Tuesday to address rising oil prices.
- Qatar’s closure of a major export plant and attacks on Saudi Arabian refineries have tightened major LNG and oil shipments, risking further strain on U.S. stockpiles of air-defense interceptors.
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265 Articles
Drone strike torches oil tanker in Strait of Hormuz as Iran’s blockade halts global shipping
The conflict in the Middle East has halted oil exports through one of their most critical routes - 20 million barrels of oil a day, about 20% of global oil supplies, ship through the Strait of Hormuz.
·New York, United States
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Iran's Revolutionary Guard claimed this Saturday to have attacked an oil tanker in the Strait of Ormuz, after the ship ignored "repeated warnings" not to cross the area in the middle of the regional crisis.Continue reading...
·Granada, Spain
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The Revolutionary Guards have announced a drone attack on the oil tanker Prima in the Persian Gulf. However, AIS data indicate that the ship is located in the Indian Ocean, far from the Strait of Hormuz.
Coverage Details
Total News Sources265
Leaning Left36Leaning Right64Center53Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 23%
C 35%
R 42%
Factuality
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