Trump: "The US Navy will escort oil tankers through the Strait of Hormuz"

Donald Trump asserted that the U.S. Navy is ready to "escort oil tankers through the Strait of Hormuz", blocked by Iran following the conflict in the Middle East. "If necessary, the U.S. Navy will begin escorting oil tankers through the Strait of Hormuz as soon as possible. Whatever happens, the United States will guarantee the free flow of energy to the world," wrote the U.S. president on his Truth Social account. You may be interested in: http://Trump threatens to cut trade with Spain over its stance on the Iran war

In this context, Trump declared that he had ordered the U.S. International 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, transiting the [Persian] Gulf." According to the president, the insurance "will be available to all shipping companies."

Closure of the Strait of Hormuz

The Strait of Hormuz, one of the world's most important maritime passages, through which approximately one-fifth of the world's seaborne oil trade passes, was closed this Monday by the Islamic Revolutionary Guard Corps of Iran (IRGC).

"Anyone who wants to pass, our selfless heroes of the Navy and the IRGC Army will set fire to those ships," warned Ebrahim Jabbari, a senior commander of the IRGC. "Do not come to this region. We will not allow a single drop of oil to leave," concluded the commander.

The closure of the strait has caused a rise in energy prices and costs for energy and shipping companies whose ships cannot pass through the strait.

The Strait of Hormuz, Iran's true 'weapon'

• Israel and United States launched a joint attack against Iran in the early hours of Saturday, February 28, with the stated aim of "eliminating the threats" of the Islamic Republic.
• The bombings claimed the life of the supreme leader of Iran, Ayatollah Ali Khamenei, and several high-ranking military officials of the country.
• In response, Tehran launched several waves of ballistic missiles towards Israel, as well as against bases of the United States located in Middle Eastern countries. It also carried out attacks against British military installations in Cyprus.
• The Iranian Revolutionary Guard announced that it is preparing "the most devastating offensive operation" in its history.