Trump orders oil tanker insurance support, says US Navy could escort ships in Gulf

President Donald Trump said on Tuesday he had ordered the US International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade travelling the Gulf, adding that the US Navy could begin escorting oil tankers through the Strait of Hormuz if necessary.The announcement marks one of the administration’s most aggressive steps yet to contain rising energy prices and calm oil markets amid escalating conflict in the Middle East that has raised risks to shipping through key waterways.For all the latest headlines, follow our Google News channel online or via the app.Trump has made lower fuel costs for Americans central to his economic messaging, and the move signals a willingness to use financial and military tools to prevent disruptions to global crude supplies. “No matter what, the United States will ensure the free flow of energy to the world,” Trump said in a social media post.Trump added that more actions are coming. Global crude