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US weighs Strait of Hormuz ship escorts as oil prices rise

President Trump said the US may escort ships through the Strait of Hormuz to counter Iranian attacks. The move aims to stabilize oil prices amid the conflict.

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President Donald Trump announced on Thursday that the United States is prepared to provide military escorts for ships navigating the Strait of Hormuz. This move comes as the administration seeks to stabilize global oil markets amid the ongoing conflict between Israel and Iran.

A woman stands as Israeli emergency responders work at the site of an impact by an Iranian missile, amid the U.S.-Israel conflict with Iran, in northern Israel, March 13, 2026. REUTERS/Shir Torem
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