Bessent says U.S. will make 'series of announcements' to support oil trade in the Gulf

We have a series of announcements that we're going to be making. We began yesterday with with the announcement that DFC uh will provide the insurance uh for both the crude carriers and the cargo ships operating in around the Gulf. Over the weekend, Lloyds of London nullified the insurance.So US government is going to step in and when it is appropriate and should it be needed the the US Navy will provide safe passage through the straits the for the oil tankers. ...