Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Trump tells Fox News: US would escort oil tankers in Strait of Hormuz if needed
    Finance

    Trump tells fox news: US would escort oil tankers in strait of hormuz if needed

    Published by Global Banking & Finance Review®

    Posted on March 13, 2026

    2 min read

    Last updated: March 13, 2026

    Trump tells Fox News: US would escort oil tankers in Strait of Hormuz if needed - Finance news and analysis from Global Banking & Finance Review
    Tags:FinanceBankingMarkets

    Quick Summary

    President Trump said on March 13, 2026, that the U.S. would escort oil tankers through the Strait of Hormuz if needed and vowed to strike Iran “very hard” in the coming week, amid an ongoing conflict disrupting global shipping and energy markets (Reuters).

    Table of Contents

    • US Response to Tensions in the Strait of Hormuz
    • Trump's Statement on Escorting Vessels
    • Details on Oil Tanker Assistance

    Trump says US would escort ships in Strait of Hormuz 'if needed' -Fox News interview

    US Response to Tensions in the Strait of Hormuz

    Trump's Statement on Escorting Vessels

    WASHINGTON, March 13 (Reuters) - President Donald Trump said the United States would escort vessels through the Strait of Hormuz if needed, adding in a Fox News interview that aired on Friday that the U.S. would strike Iran "very hard over the next week."

    Details on Oil Tanker Assistance

    Asked about helping oil tankers pass through the key shipping strait, Trump said: "We would do it if we needed to. But, you know, hopefully things are going to go very well. We're going to see what happens." He gave no other details.

    Further Comments from the Interview

    "We're going to be hitting them very hard over the next week," he added in the interview with Fox's Brian Kilmeade that aired in part on its "Fox & Friends" program.

    Context: Oil Prices and Geopolitical Tensions

    His comments come as the United States and other countries face spiking oil and gas prices with the U.S-Israel war entering its 14th day, with oil prices hovering near $100 a barrel on Friday.

    Reporting Credits

    (Reporting by Susan Heavey; Editing by Toby Chopra)

    Key Takeaways

    • •Trump stated in a Fox News–aired interview that U.S. naval escorts could be deployed through the Strait of Hormuz if necessary, while expressing hopes that ongoing U.S.-led war efforts would proceed effectively (Reuters).
    • •The U.S. has offered political risk insurance via the Development Finance Corporation and signaled readiness to escort tankers “as soon as possible,” although no such missions have yet begun (Axios; U.S. Naval Institute) (axios.com).

    References

    • Trump officials: Ship escorts to start in Strait of Hormuz "soon"
    • White House denies US military escorted tanker in Hormuz after deleted post | US-Israel war on Iran News | Al Jazeera

    Frequently Asked Questions about Trump tells Fox News: US would escort oil tankers in Strait of Hormuz if needed

    1What did President Trump say about escorting oil tankers in the Strait of Hormuz?

    President Trump said the United States would escort vessels through the Strait of Hormuz if needed.

    2Where did President Trump make the statement about oil tankers?

    He made the statement during a Fox News interview.

    3What action did Trump vow regarding Iran in his interview?
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Further Comments from the Interview
  • Context: Oil Prices and Geopolitical Tensions
  • Reporting Credits
  • •Despite Trump's statements, U.S. officials and the White House confirm that no Navy escorts have occurred to date, citing high risks and security conditions not yet met (Al Jazeera; Fox News; AP sentiment) (aljazeera.com).
  • Trump vowed to strike Iran 'very hard over the next week.'

    4Why are US-led war efforts in focus in this context?

    US-led war efforts are significant due to rising tensions with Iran around the Strait of Hormuz.

    More from Finance

    Explore more articles in the Finance category

    Image for Swiss money managers expect Iran war to increase inflows from Gulf
    Swiss money managers expect iran war to increase inflows from gulf
    Image for Swiss Federal Council adopts draft law to deepen ties with EU
    Swiss Federal council adopts draft law to deepen ties with EU
    Image for Italy weighs options as damaged Russian LNG tanker drifts in the Mediterranean
    Italy weighs options as damaged Russian LNG tanker drifts in the mediterranean
    Image for Exclusive-With Iran war exit elusive, Trump aides vie to affect outcome
    Exclusive-With iran war exit elusive, trump aides vie to affect outcome
    Image for Britain says allies should keep pressure on Russia after US eases oil sanctions
    Britain says allies should keep pressure on Russia after US eases oil sanctions
    Image for Paris mayoral race tests support for green transformation
    Paris mayoral race tests support for green transformation
    Image for German corporate insolvencies reach highest level since 2014
    German corporate insolvencies reach highest level since 2014
    Image for US eases Russia oil sanctions to tame price surge, riling European allies
    US eases Russia oil sanctions to tame price surge, riling European allies
    Image for UK benchmarks set for weekly loss as Mideast war hits rate-cut hopes
    UK benchmarks set for weekly loss as mideast war hits rate-cut hopes
    Image for Polish explosives maker to start work on new TNT line
    Polish explosives maker to start work on new TNT line
    Image for Sterling drops vs euro and dollar after weak economic data
    Sterling drops vs euro and dollar after weak economic data
    Image for Rosatom boss warns of 'increased military risks' around Zaporizhzhia nuclear plant
    Rosatom boss warns of 'increased military risks' around zaporizhzhia nuclear plant
    View All Finance Posts
    Previous Finance PostUK benchmarks set for weekly loss as mideast war hits rate-cut hopes
    Next Finance PostPolish explosives maker to start work on new TNT line