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US Navy Rejects Escort Pleas in Hormuz Strait Amid Elevated Attack Threat
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US Navy: Hormuz Escorts Not Possible Now Due to High Risk, Oil Exports Stalled
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CNBC TV18
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11-03-2026, 08:09
US Navy: Hormuz Escorts Not Possible Now Due to High Risk, Oil Exports Stalled
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US Navy denies shipping industry's daily requests for Strait of Hormuz escorts, citing high attack risk.
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Disruption halts a fifth of global oil supply, surging prices to 2022 highs since US-Israeli war on Iran began.
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Iran's Revolutionary Guards declared the strait closed, threatening to fire on ships; several already hit.
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President Donald Trump promises escorts, but Navy states it's not possible until risk reduces; Pentagon exploring options.
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Experts warn securing the strait is difficult due to Iran's mines and drones; Pentagon targets Iranian mine facilities.
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