US President Donald Trump declared on the 3rd (local time) that the US government will immediately provide insurance for all ships passing through the Gulf region and, if necessary, the US Navy will launch tanker escort operations in the Strait of Hormuz.
President Trump stated on the social media platform Truth Social that day, "I have immediately (effective IMMEDIATELY) directed the US International Development Finance Corporation (DFC) to provide political risk insurance and financial guarantees at very reasonable prices for all maritime trade passing through the Gulf region, especially energy transportation." He added, "This measure will apply to all shipping companies." This is a measure to overcome the situation where insurance premiums for civilian ships have skyrocketed and there are concerns about shipping refusals due to recent threats from Iran and military tensions.
Additionally, President Trump clarified the possibility of military intervention, stating, "If necessary, the US Navy will begin escorting tankers passing through the Strait of Hormuz as quickly as possible." He emphasized, "Under any circumstances, America will guarantee the free flow of energy to the world," and "America's economic and military power is the greatest on Earth." He then added, "There will be additional measures," indicating the possibility of follow-up responses if the situation deteriorates. However, with the premise of "if necessary," the specific timing for the US Navy to undertake actual physical escort operations is expected to be determined based on Iran's future response level.
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The US seems to be increasingly getting more entangled in this situation.
