REPORT:
Oil tankers and cargo ships are turning off their transponders (sailing "dark") across the Straight of Hormuz, avoiding detection from potential hostile attacks
The U.S. has announced that Naval ships will provide escorts to key assets "as soon as reasonably possible," and with President Trump announcing that the U.S. Development Finance Corporation (DFC) will immediately provide political risk insurance and reinsurance for all maritime trade [Bypassing the Lloyd’s of London], especially energy shipments through the Strait of Hormuz, this should help restart shipping and eventually oil prices should drop.
Oil tankers and cargo ships are turning off their transponders (sailing "dark") across the Straight of Hormuz, avoiding detection from potential hostile attacks
The U.S. has announced that Naval ships will provide escorts to key assets "as soon as reasonably possible," and with President Trump announcing that the U.S. Development Finance Corporation (DFC) will immediately provide political risk insurance and reinsurance for all maritime trade [Bypassing the Lloyd’s of London], especially energy shipments through the Strait of Hormuz, this should help restart shipping and eventually oil prices should drop.