Strait of Hormuz update: US President Donald Trump says US Navy may escort ships after Iran closure
US President Donald Trump is set to defy Iran’s closure of the Strait of Hormuz, bringing in the US military might after Iran threatened to blow up any unauthorised ship.
US President Donald Trump has ordered his administration to provide support to ships in the Strait of Hormuz to ensure the continuation of energy supply after Iran closed the key waterway.
The Strait, which is controlled by Iran, hosts transportation of 20 per cent of the world’s oil supply, 20 per cent of the world’s liquefied natural gas (LNG) and a third of the world’s fertiliser supply.
Iran ordered the closure on Tuesday, threatening to blow up any non-authorised ships that attempted to traverse the narrow strait.
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By continuing you agree to our Terms and Privacy Policy.“Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf,” Mr Trump announced on Truth Social.
“This will be available to all Shipping Lines.
“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 will ensure the FREE FLOW of ENERGY to the WORLD.”
In a warning to Iran, Mr Trump reminded the nation he was in charge of the strongest collective of armed forced.
“The United States’ ECONOMIC and MILITARY MIGHT is the GREATEST ON EARTH,” he added.
