Trump Orders Risk Insurance for Gulf Shipping, US Navy May Escort Tankers Through Strait of Hormuz

US President Donald Trump has directed the United States Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade, especially energy shipments, through the Gulf. He stated that if necessary, the US Navy would escort oil tankers through the Strait of Hormuz to ensure the free flow of energy amid escalating tensions involving Iran. This move follows increased regional conflict and concerns over disruptions to key global oil supply routes.