U.S. President Donald Trump has vowed to protect global energy shipments transiting the Strait of Hormuz amid mounting tensions in the Middle East and threats to maritime trade.
Speaking at the National Prayer Breakfast held at the Washington Hilton in Washington, D.C., Trump later detailed his administration’s stance on his social media platform, Truth Social.
“If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible,” he wrote on Tuesday. “No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD.”
Trump also directed the United States International Development Finance Corporation (DFC) to provide risk insurance and financial guarantees for maritime trade in the region. While the initiative primarily targets energy shipments, officials confirmed that other commercial shipping operators navigating the waterway would also benefit.
The Strait of Hormuz, situated between Iran and Oman, is one of the world’s most strategically important shipping lanes. It serves as the only maritime outlet from the Persian Gulf to international waters, making it crucial for global oil and gas exports. Key Gulf energy producers include Iran, Saudi Arabia, Iraq, Kuwait, Qatar, Bahrain, and the United Arab Emirates.
Rising regional conflict and reported threats from Iran to target passing vessels have rattled global energy markets, contributing to sharp increases in oil and gas prices as traders react to the risk of disruption along this vital corridor.
