Trump: "U.S. Navy to Begin Escorting Oil Tankers Through the Strait of Hormuz"

Measures Taken Amid Concerns Over Soaring Oil Prices

Donald Trump, President of the United States, SNS Account

On March 3 (local time), President Donald Trump of the United States announced that oil tankers passing through the Strait of Hormuz would receive escort from the U.S. Navy.

President Trump stated on the social media platform Truth Social, "If necessary, the U.S. Navy will begin escorting oil tankers passing through the Strait of Hormuz as soon as possible."

He added, "I have instructed the U.S. International Development Finance Corporation (DFC) to provide political risk insurance and guarantees at very reasonable prices for all shipping passing through the Gulf region, especially for energy transportation, to ensure their safety," emphasizing, "This will be announced immediately."

He further stated, "No matter what happens, the United States will ensure the free flow of energy to the world," adding, "The economic and military power of the United States is the strongest."

This appears to be an attempt to calm concerns amid soaring international oil prices and rising inflation fears following airstrikes on Iran by the United States and Israel. After the airstrikes on Iran, the Iranian Revolutionary Guard Corps declared, "The Strait of Hormuz is closed," and warned that "any vessel attempting to pass will be set on fire by the Revolutionary Guard and the military," leading to a continued increase in oil prices.

Previously, President Trump told reporters at the White House, "Oil prices may rise a little for a while, but once the airstrikes are over, prices will go down and could become even lower than before."

This content was produced with the assistance of AI translation services.