Trump Says US Will Escort, Insure Oil Tankers Amid Iran War [Yahoo! Finance]
Free Flow Inc (FFLO)
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Source: Yahoo! Finance
other vessels through the Strait of Hormuz, aiming to head off a potential energy crisis caused by the war with Iran. Trump said Tuesday that the US International Development Finance Corporation would offer insurance “at a very reasonable price” to help ensure the flow of energy and other commercial trade in the Gulf. In addition, he said “if necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible.” Most Read from Bloomberg Minneapolis Braces for Rent Crisis As ICE Surge Winds Down NYC Hudson Yards-Area Apartment Tower Sells for $129 Million Supreme Court Preserves NY GOP-Held Congressional District Alberta's Deficit To More Than Double, Hit by Oil Price Drop NYC Congestion Pricing Program Can Continue, US Judge Rules “No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD,” the president posted on social media. Oil prices pared gains briefly on the news, with global benchmark Brent
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