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U.S. Navy has not yet escorted ships through Strait of Hormuz, White House says
An Energy Department claim of US Navy escort through the Strait of Hormuz was retracted by the White House, confirming no naval escorts have taken place amid regional conflict.
- On Tuesday, Energy Secretary Chris Wright posted then deleted a claim about U.S. military escort around 1:02pm US Eastern time; White House Press Secretary Karoline Leavitt said, 'I can confirm that the US Navy has not escorted a tanker or a vessel at this time.'
- On March 3, the US Development Finance Corporation announced it would offer 'political risk insurance and guarantees' and said military support may be available, amid signals of potential US Navy escort in the Strait of Hormuz.
- With military assets occupied, officials warned that the U.S. announced last week plans to escort tankers but provided no timeline, and military officials said they had yet to begin operations.
- Oil markets reacted to Wright’s announcement, with prices falling below $80 a barrel after President Donald Trump said Monday the U.S. Navy was prepared to launch escorts but did not expect them to be necessary.
- With escorts still described as an available option, General Dan Caine said 'If tasked to escort, we'll look at the range of options to set the military conditions to be able to do that', amid a claimed successful escort and official denials.
65 Articles
65 Articles
'Unforgivable error': Markets spiral out of control over Trump official's now-deleted post
A deleted tweet from one of President Donald Trump's Cabinet members just cost traders $84 million in minutes, according to a new report. Energy Secretary Chris Wright's accidental post about Navy tanker escorts sent oil markets into a frenzy Tuesday before disappearing into the digital void, leaving Wall Street reeling from what one expert called "an unforgivable error," the Wall Street Journal reported.The post claimed the U.S. Navy was escort…
US Energy Secretary Chris Wright announced on the X network that a US Navy ship had successfully escorted an oil tanker through the Strait of Hormuz, a claim quickly denied by the Iranian Revolutionary Guard Corps, and Wright deleted the post shortly afterwards, AFP reports.
The U.S. Secretary of Energy Chris Wright announced Tuesday on the X network that Marina of the United States has escorted a oil tank through the Ormuz Stream to ensure the continuity of oil supplies to the world markets, but the message was posted shortly after publication. Subsequently, the Iranian authorities denied the information, and an American official said that no US military ship had participated in such an operation. Iran's Revolution…
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