Donald Trump's offer of US-backed insurance and naval escorts for shipping travelling through the Strait of Hormuz has not prevented maritime premiums soaring as underwriters scramble to reassess the risks to oil, gas and cargo vessels. With the Strait of Hormuz effectively closed to shipping following the US attack on Iran , on Tuesday the president wrote on Truth Social that the US would provide cover "at a very reasonable price... for the Financial Security of ALL Maritime Trade, especially

Tag-uri: Donald Trump