The Economic Times

US Navy could escort vessels in Strait of Hormuz with international coalition, Bessent says

The US Navy plans to escort vessels through the Strait of Hormuz. This will happen once it is militarily feasible. The US requires complete control of the skies and degraded Iranian missile capabilities. Shipping through the strait has been disrupted. This has impacted oil and gas flows and energy prices. Iran has threatened to block oil shipments.