Navy to Safeguard Maritime Trade Amid Rising Oil Prices
US President Donald Trump announced that the US Navy will begin escorting tankers through the Strait of Hormuz to safeguard maritime trade in the region. The move comes amid concerns about rising oil prices following Operation Epic Fury. The US will offer ‘political risk insurance and guarantees’ to shipping lines. The Navy has experience with Operation Prosperity Guardian in the Red Sea, where they worked with other countries to protect civilian ships from Houthi attacks. The US Navy referred Breaking Defense to the Office of the Secretary of Defense for more details. The announcement was made by President Trump on Truth Social.