12 Mar 2026 | 3 Mins Read
U.S. not yet prepared to escort ships through Strait of Hormuz
Flipitmoney
US Energy Secretary Chris Wright said the Navy isn't ready to escort oil tankers through the Strait of Hormuz. Wright expects the Navy to be ready by the end of the month. The Strait remains closed due to vessel attack fears, triggering the largest oil supply disruption in history, affecting 20% of global petroleum consumption.