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Trump Assures Strait Security Amid Iran's Oil Threats

3/14/2026

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Summary

Story summary

The U.S. President Donald Trump urged oil tankers to navigate the Strait of Hormuz, claiming it is secure.
Iran has vowed to block oil shipments and attacked multiple vessels, fueling fears of a blockade.
Maritime traffic through the Strait of Hormuz has fallen more than 98% to 12 ships, down from 60.
The war has cost the United States over $11 billion, with oil above $100 per barrel.

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Story summary

The U.S. President Donald Trump urged oil tankers to navigate the Strait of Hormuz, claiming it is secure.
Iran has vowed to block oil shipments and attacked multiple vessels, fueling fears of a blockade.
Maritime traffic through the Strait of Hormuz has fallen more than 98% to 12 ships, down from 60.
The war has cost the United States over $11 billion, with oil above $100 per barrel.