*Walter Bloomberg|Mar 03, 2026 18:34
🚨 U.S. WEIGHS NAVAL ESCORTS FOR OIL TANKERS
The Trump administration is considering using U.S. military forces to escort oil and gas tankers through the Strait of Hormuz as Iranian threats disrupt shipping and drive energy prices higher. Officials are also weighing government-backed insurance to keep vessels moving.
Oil prices have jumped nearly $10 per barrel, while attacks on ships and energy infrastructure raise fears of further supply shocks. Any mission would likely focus on protecting shipping from missiles and drones as the conflict expands.(*Walter Bloomberg)
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