US Signals Readiness to Escort Tankers Through Strait of Hormuz; No Mission Launched Yet

Energy Secretary Chris Wright indicated the U.S. Navy could begin protecting commercial vessels through the Strait of Hormuz as soon as reasonable, though a U.S. official confirmed no escort mission has been launched. Only nine oil tankers and cargo vessels have crossed the strait since Monday, with three ships attacked over the weekend, as Iran foreign minister reserved the right to consider every scenario regarding the critical waterway that handles 20% of global crude oil.