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Originally published by Capital Business
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business
March 4, 2026
3mo ago

Trump says US Navy will protect ships in Middle East ‘if necessary’

Trump says US Navy will protect ships in Middle East ‘if necessary’

Trump has said the US government will provide risk insurance "at a very reasonable price" to all shipping firms in the region to "ensure the FREE FLOW of ENERGY to the WORLD". Kenya breaking news | Kenya news today |..

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U.S. President Donald Trump announced on social media that the U.S. Navy will protect ships in the Middle East "if necessary" to ensure the free flow of energy through the Strait of Hormuz. This comes after threats from Iran caused traffic to halt, impacting global oil and gas prices.

  • Approximately 200 crude oil and product tankers are stranded in the Gulf.
  • Donald Trump, U.S. President, is coordinating efforts with the U.S. Development Finance Corporation.
  • Experts warn that such assurances may not be enough to ease companies' concerns, citing past instances like Houthi attacks in the Red Sea.

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Trump Says US Navy Will Protect Ships in Middle East If Necessary - March 2026

U.S. President Donald Trump announced the U.S. Navy will protect ships in the Middle East to ensure the free flow of energy through the Strait of Hormuz, following threats from Iran that caused traffic to halt and impacted global oil and gas prices. Major shipping lines are disrupting commodity supplies to Eastern Africa and grounding vessels due to increased risks and costs, with passage through the Suez Canal suspended. Kenyan flower exporters are facing significant anxieties due to escalating geopolitical tensions involving Iran, Israel, and the United States, which are disrupting critical Middle East transit hubs for their perishable goods. Paris stocks continued their decline, extending previous losses as geopolitical tensions in the Middle East escalate, with the benchmark CAC 40 index dropping amid heightened market risk aversion.

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