Trump Orders Maritime Insurance and Potential Navy Escort for Gulf Oil Tankers

Amid escalating tensions in West Asia, US President Donald Trump directed the United States Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade, especially energy shipments, transiting the Gulf. He also stated that the US Navy could begin escorting oil tankers through the Strait of Hormuz if necessary to ensure uninterrupted energy flow. These measures respond to threats from Iran and concerns over disruptions in a key global shipping route vital for crude exports.