"The U.S. Navy successfully escorted an oil tanker through the Strait of Hormuz to ensure oil remains flowing to global markets. President Trump is maintaining stability of global energy during the military operations against Iran."
"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 free travel through the strait]."
"More than 20 percent of the world's oil travels through the strait, a narrow maritime passage between Iran, Oman and the United Arab Emirates. But since the US and Israel launched a war against Iran on February 28, trade through Hormuz has come to a standstill amid fears of Iranian strikes."
The Trump administration is addressing concerns about energy flow through the Strait of Hormuz, a critical waterway where over 20 percent of global oil travels. US Energy Secretary Chris Wright posted a claim that the US military escorted an oil tanker through the strait but deleted the post within 30 minutes without explanation. Trade through Hormuz has stalled since military operations began on February 28 amid fears of Iranian strikes. President Trump pledged US assistance for affected shipping operations, offering political risk insurance through the US Development Finance Corporation and indicating military escort support may be available to ensure stable global energy markets.
Read at www.aljazeera.com
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