President Donald Trump said Tuesday the US Navy would escort oil tankers through the Strait of Hormuz if needed amid the Iran war. He has also ordered his government to provide insurance for shipping. "If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible. No matter what, the United States
Fighting between the United States, Israel and Iran has spilled into the Strait of Hormuz, a key global energy chokepoint, sending oil prices surging. The narrow waterway, which carries about one-fifth of the world’s oil supply and major volumes of gas, has seen traffic drop sharply following reported Iranian attacks on tankers. At least five vessels
Iran's Revolutionary Guards said on Monday that they had attacked an allegedly US-linked oil tanker in the Strait of Hormuz as part of a wave of strikes retaliating against the US-Israeli assault. "The ATHE NOVA tanker, one of the American allies in the Strait of Hormuz, is still on fire after being hit by two drones," the Guards said in a statement