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

Treasury Secretary Scott Bessent said the US Navy could escort commercial vessels through the Strait of Hormuz as part of an international coalition. The statement comes amid heightened tensions in the critical waterway, through which approximately 20% of global oil supplies pass daily. Such naval escort operations would aim to protect international shipping from potential Iranian threats or attacks by proxy groups in the region. The Strait of Hormuz has been a flashpoint for decades, with Iran previously threatening to close the narrow passage during periods of escalated conflict with the West. Any disruption to shipping through the strait could significantly impact global energy markets and supply chains.