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    Home»Business»Energy»​SPIRALING ENERGY COST: Donald Orders ‘Reasonable’ Insurance and Navy Escorts in Gulf
    Energy

    ​SPIRALING ENERGY COST: Donald Orders ‘Reasonable’ Insurance and Navy Escorts in Gulf

    starconnectBy starconnect4 March 2026No Comments2 Mins Read
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    ​By SCM REPORTER

    ​DONALD TRUMP has sensationally ordered the US Navy to prepare for battle to keep the world’s oil flowing.

    ​In a move that sent shockwaves through global markets, the President vowed to escort tankers through the treacherous Strait of Hormuz “as soon as possible.”

    ​He also took the unprecedented step of turning the US government into a cut-price insurance broker to protect shipping firms from soaring war costs.

    ​Writing on Truth Social, Trump declared: “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade.”

    ​The President made it clear that “no matter what,” America will ensure the “FREE FLOW of ENERGY to the WORLD.

    ​The “America First” leader warned that if the insurance isn’t enough to stop the pirates and provocateurs, the big guns are coming.

    ​”If necessary, the United States Navy will begin escorting tankers,” he barked, promising that the US’s “economic and military might” would crush any threat to the pumps.

    ​The move comes as tensions in the Middle East reach a boiling point, with shipping insurance premiums spiraling out of control and threatening a massive spike in prices at the UK’s petrol forecourts.

    ​The Strait of Hormuz is the world’s most vital “choke point,” with 20% of the globe’s oil passing through the narrow strip of water.

    ​In recent weeks, the region has become a no-go zone for many after a string of attacks and threats from Iran. Private insurers have been fleeing the market or charging “extortionate” rates, leaving hundreds of tankers stranded in the Gulf.

    ​Trump’s plan effectively creates a “Federal Backstop,” using American taxpayer-backed guarantees to replace private insurance that has become too expensive.

    ​Experts say the move is a throwback to the “Tanker Wars” of the 1980s, but with a classic Trumpian twist: putting Uncle Sam’s checkbook and his battleships on the front line at the same time.

    ​

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