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Trump is offering $20 billion in reinsurance for oil tankers stuck in the Strait of Hormuz. Here’s why it might not be enough. – MarketWatch

March 8, 2026

Trump is offering $20 billion in reinsurance for oil tankers stuck in the Strait of Hormuz. Here’s why it might not be enough. MarketWatchThe big problem with Trump’s plans to open the Strait of Hormuz CNNIran’s Guards challenges Trump to have US Navy escort oil tankers in Strait of Hormuz ReutersUS mulls military support for vulnerable oil supplies in Strait of Hormuz PoliticoWhat to know about the agency Trump says will insure ships in the Persian Gulf CBS News