US EditionTrump says US Navy will escort tankers through Strait of Hormuz 'if necessary'
Trump orders U.S. Navy to escort tankers and provides political risk insurance to secure energy shipments through the Strait of Hormuz amid rising oil prices and Iran tensions.
- 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.
118 Articles
118 Articles
Trump says U.S. Navy might escort tankers in Persian Gulf
President Donald Trump said Tuesday that the United States might deploy its Navy to escort commercial ships through the Strait of Hormuz, the waterway south of Iran through which a fifth of the world’s oil travels. Shipping companies are not sending oil and gas tankers through the strait because they fear they might be attacked. The sharp reduction in tanker traffic is reducing the supply of oil and pushing up its price. A prolonged shutdown of …
Trump announces US Navy escort for oil tankers in the Strait of Hormuz following tensions with Iran, ensuring global energy flow and stabilizing crude oil prices
Trump orders US navy to escort oil tankers through Strait of Hormuz
Amid escalating tensions in West Asia and growing concerns over disruptions to global oil supplies, US President Donald Trump ordered the United States Navy to begin escorting oil tankers through the Strait of Hormuz if necessary and directed a federal agency to provide political risk insurance for maritime trade in the Gulf. In a post on Truth Social, Trump said he had directed the United States Development Finance Corporation (DFC) to provide…
Watauga Democrat
Trump says US Navy could escort tankers, Iran aimed to strike first
President Donald Trump said Tuesday the US Navy was ready to escort oil tankers through a crucial Gulf shipping route, as he justified his war on Iran by saying he believed Tehran was about to strike first.
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