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Economy

Lloyds out of Persian Gulf, President Trump says US gov’t will backstop war insurance for Gulf shipping

2026-03-04

BREAKING: President Trump says US government will backstop war insurance for all shipping in the Persian Gulf.

In addition, he says the U.S. Navy will provide naval escort to tankers in the Strait of Hormuz. But note the “… as soon as possible…” which isn’t very reassuring pic.twitter.com/ifPUmv9Y3h
— Javier Blas (@JavierBlas) March 3, 2026

Posted by:trailing wife

#5 comments); ?>werwer

Posted by: Glenmore 2026-03-04 18:23

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