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Originally published by Capital Businessbusiness
March 4, 2026
1h ago
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 |..
✨ Key Highlights
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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