US Signals Possible Return of Hormuz Tanker Escorts

President Trump indicated the US may restart naval escorts for tankers through the Strait of Hormuz, after earlier Navy briefings said escorts were unlikely, and said the Development Finance Corporation would provide political-risk insurance and guarantees for maritime trade. While industry awaited clarity on escort timelines, disruptions persist with tankers waiting and some Greek owners considering nighttime, AIS-obscured transits; oil markets showed limited price disruption, suggesting a temporary pause rather than a lasting shortage.