{"id":346372,"date":"2026-03-14T19:09:22","date_gmt":"2026-03-14T19:09:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/346372\/"},"modified":"2026-03-14T19:09:22","modified_gmt":"2026-03-14T19:09:22","slug":"trump-says-us-will-soon-escort-ships-through-strait-as-oil-prices-roil-global-economy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/346372\/","title":{"rendered":"Trump says US will soon escort ships through strait as oil prices roil global economy"},"content":{"rendered":"

President Donald Trump<\/a> said on Friday the U.S. would soon begin escorting ships through the Strait of Hormuz to protect them from Iranian attack, as his administration searches for ways to ease high oil prices fuelled by the U.S.-Israeli war on Iran<\/a>.<\/p>\n

Trump issued a temporary waiver for some purchases of sanctioned Russian oil, a move that drew criticism from U.S. allies in Europe for potentially helping Russia fund its war with Ukraine. Prices have been whipsawing on Trump’s changing comments on the likely duration of the Iran war, which has prompted Iran to attack vessels in the strait, the conduit for a fifth of the world’s oil.
Also Read | Iran has laid about a dozen mines in Strait of Hormuz, sources say<\/a><\/p>\n

Asked when the U.S. Navy will start escorting tankers through the Strait of Hormuz, Trump told reporters on Friday, “It will happen soon.”<\/p>\n

In a social media post, Trump said the U.S. military had attacked and “totally obliterated” \u200cmilitary targets on Iran’s small Kharg Island which \u2060serves as \u2060the export terminal for 90% of the country’s oil shipments and lies about 300 miles (483 km) northwest of the strait.<\/p>\n

\"ETLive Events
But he said he had decided to leave oil infrastructure on the island intact. “However, should Iran, or anyone else, do anything to interfere with the Free and Safe Passage of Ships through the Strait of Hormuz, I will immediately reconsider \u200bthis decision,” Trump said.
Trump earlier said Iran’s attacks on shipping were “a last-ditch effort.” The U.S. would continue to hit Iran “very hard over the next week,” he said in a Fox News<\/a> interview that was recorded on Thursday and aired on Friday. Crude oil prices climbed higher on Friday. Brent futures were up 2.68% to $103.14 a barrel.WAR ON IRAN EXTENDS ACROSS MIDDLE EAST <\/p>\n

After nearly two weeks of war, 2,000 people have been killed, most in Iran, but many in Lebanon and a growing number in the Gulf, which has for the first time in decades of Middle East conflicts found itself on the front line. Several million people have been displaced from their homes. As Israeli warplanes pounded Beirut’s suburbs with air strikes, Lebanon’s interior minister said authorities were unable to accommodate the hundreds of thousands of people who have sought refuge in the capital. Israel also dropped leaflets threatening Gaza-scale devastation as it deployed more troops to fight Iran-backed Hezbollah<\/a> and warned of more attacks on Lebanon’s infrastructure. U.S. forces have also suffered casualties. The \u2060U.S. military confirmed that \u200call six crew members aboard a refuelling aircraft that crashed in western Iraq were dead.<\/p>\n

Iran fired more missiles and drones at Israel, and Iranian drones were reported flying into Kuwait, Iraq, the United Arab Emirates, Bahrain and \u200bOman.<\/p>\n

The Israeli military launched strikes across Tehran. \u200bIt said its air force had struck more than 200 targets in western and central Iran over the past day, including ballistic missile launchers, air-defence systems and weapons production sites.<\/p>\n

The U.S. was sending additional \u2060forces to the region, including the USS Tripoli along with its Marine expeditionary unit, two U.S. officials, speaking on the condition of anonymity, said. The amphibious \u200bassault ship, currently in Asia, is capable of carrying fighter jets. In total, 2,500 additional Marines will be sent to the Middle East, along with additional sailors.<\/p>\n

Also Read | Iran-Israel War: Keep India out of Hormuz harm’s way<\/a><\/p>\n

Iranian Press TV<\/a> said a woman was killed by an airstrike close to a rally in Tehran for Quds (Jerusalem) Day, one of many across Iran in support of Palestinians living in Israeli-occupied territory.<\/p>\n

Iranian President Masoud Pezeshkian, Foreign Minister Abbas Araqchi and security chief Ali Larijani all appeared in videos verified by Reuters openly attending the rally in a gesture of defiance, despite an assertion by U.S. Defense Secretary Peter Hegseth that the leadership was “cowering” underground.<\/p>\n

“People are not afraid of these attacks. As you can see, people have come out in this rain, under these hardships,” judiciary chief Gholamhossein Mohseni-Ejei said at the march. “We will not back down in any way.”<\/p>\n

IRAN’S NEW LEADER VOWS TO KEEP STRAIT SHUT <\/p>\n

Iran’s new supreme leader, Mojtaba Khamenei, in his first public comments on Thursday, vowed to keep the Strait of Hormuz shut and urged neighbouring countries to close U.S. bases on their territory or risk being attacked themselves.<\/p>\n

Khamenei’s comments were read out by a television presenter and it was not clear why he had not appeared in person or recorded his comments.<\/p>\n

Hegseth told a news briefing that the U.S. knew he was “wounded and likely disfigured”. An \u200cIranian official told Reuters on Wednesday that Khamenei was lightly injured but continuing to work. European powers are trying to work out how to defend their interests in the region, and France has been consulting with European, Asian and Gulf Arab states over the past week with a view to putting together a plan for warships eventually to escort tankers through the strait, French officials said. With gasoline and diesel prices rising at pumps in the United States \u200band around the world, the U.S. \u200bon Thursday issued a 30-day licence for countries to buy Russian oil \u2060and petroleum products already at sea – where it is not uncommon for consignments to be sold or change their buyer.<\/p>\n

Vice President JD Vance<\/a> on Friday said senior Trump officials were working on addressing rising oil prices as well as other effects of the Iran conflict.<\/p>\n

“When the President takes action to make sure the American people are safe, we’ve got to do everything that we can to deal with the consequences of that economically,” Vance said during a visit to Rocky Mount, North Carolina. The International Energy Agency<\/a> said on Thursday the war was creating the biggest oil supply disruption in history.<\/p>\n

Tom Fletcher, the U.N. under-secretary general for humanitarian affairs and emergency relief coordinator, said in a statement on Friday that the closure of the strait could have “immense impact” on the delivery of supplies like food, medicine and fertilizer for humanitarian operations. The war has sparked a critical shortage of cooking gas in India, a country with longstanding ties to Iran. Iran has allowed two Indian-flagged liquefied petroleum gas carriers to sail through the Strait of Hormuz, four sources told Reuters.<\/p>\n

UKRAINE AND EUROPE ANGERED BY U.S. EASING SANCTIONS <\/p>\n

The U.S. waiver on Russian oil was welcomed in Moscow but left Kyiv and its allies angry.<\/p>\n

“Six members of the G7 expressed a very clear opinion that this was not the right signal,” German Chancellor Friedrich Merz told a press conference in Norway. “We then learned this morning that the American government has apparently decided otherwise.”<\/p>\n

Ukrainian President Volodymyr Zelenskiy<\/a> said the move could provide Russia with $10 billion, adding: “It certainly does not help peace.” Trump said he thinks Russian President Vladimir Putin<\/a> may be helping Iran a “little bit” in the interview with Fox News Radio<\/a> that aired on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"President Donald Trump said on Friday the U.S. would soon begin escorting ships through the Strait of Hormuz…\n","protected":false},"author":2,"featured_media":346373,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,20665,158004,90179,61,5037,11829,158003,60,3186,40122,5936,58419],"class_list":["post-346372","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-fox-news","tag-fox-news-radio","tag-hezbollah","tag-ie","tag-international-energy-agency","tag-iran","tag-iranian-press-tv","tag-ireland","tag-trump","tag-vance","tag-vladimir-putin","tag-volodymyr-zelenskiy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/346372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=346372"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/346372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/346373"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=346372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=346372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=346372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}