#CNBC Trump says Navy will escort tankers through Strait of Hormuz

Trump says Navy will escort tankers through Strait of Hormuz
President Donald Trump said that he has ordered the U.S. Development Finance Corporation to provide “political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf.”

“If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible,” he wrote.

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