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Trump Announces Oil Tankers Heading to Gulf Amid Conflict

4/12/2026

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Summary

Story summary

U.S. President Donald Trump announced on April 11, 2026 that empty oil tankers are heading to the U.S. Gulf Coast to load high-quality oil and gas.
Trump claimed the U.S. has more oil than the next two largest oil economies combined, as the conflict began on February 28.
The Strait of Hormuz remains largely blocked, impacting global energy supplies as investors monitor the U.S.–Iran negotiations in Islamabad for potential outcomes.

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Story summary

U.S. President Donald Trump announced on April 11, 2026 that empty oil tankers are heading to the U.S. Gulf Coast to load high-quality oil and gas.
Trump claimed the U.S. has more oil than the next two largest oil economies combined, as the conflict began on February 28.
The Strait of Hormuz remains largely blocked, impacting global energy supplies as investors monitor the U.S.–Iran negotiations in Islamabad for potential outcomes.