"If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible," Trump wrote on his own social media platform Truth Social. "No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD."
The remarks come as last Saturday's U.S.‑led airstrikes against Iran under the military operation dubbed "Operation Epic Fury" entered their fourth day, intensifying fears of major disruptions to oil shipments through the Strait of Hormuz, a critical chokepoint for roughly one‑fifth of the world's oil supply.
He also wrote, "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, traveling through the Gulf. This will be available to all Shipping Lines."
Trump also said at the White House earlier in the day that he expects oil prices to fall once the military operation against Iran ends, reassuring reporters who were concerned about current market volatility.
"If we have a little high oil prices for a little while, but as soon as this ends, those prices are going to drop, I believe, lower than even before," he said.
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