Trump: U.S. Navy To Provide Escorts For Tankers Through Strait Of Hormuz

By Sarah Roderick-Fitch | The Center Square(Worthy News) – Over concerns that Iran is blocking vital tankers from transiting the Strait of Hormuz, President Donald Trump announced that the U.S. Navy will begin escorting tankers through the area.“Effective IMMEDIATELY, I have ordered the United States 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, trave