RE-OPENING THE STRAITS:
BREAKING: President Trump says US government will backstop war insurance for all shipping in the Persian Gulf.
In addition, he says the U.S. Navy will provide naval escort to tankers in the Strait of Hormuz. But note the “… as soon as possible…” which isn’t very reassuring pic.twitter.com/ifPUmv9Y3h
— Javier Blas (@JavierBlas) March 3, 2026