US Ready to Escort Tankers Through Hormuz Amid Iran Threats

March 7, 2026·about 4 hours ago·via Fox News

The US signals readiness to deploy Navy escorts for oil tankers through the Strait of Hormuz as Iran’s IRGC threatens closure and attacks vessels in retaliation for US-Israel strikes, thinning traffic and spiking global oil prices. President Trump orders political risk insurance via the US Development Finance Corporation at low cost and Navy protection if necessary to safeguard this critical chokepoint carrying 20% of world oil. Read more about this...

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