Trump Orders US Government to Provide Maritime Insurance and Navy Escorts for Gulf Shipping
Trump directs DFC to provide maritime insurance for Gulf shipping and offers Navy tanker escorts through Strait of Hormuz.
US Development Finance Corporation to Backstop Gulf Trade
President Donald Trump announced on March 3, 2026, that he has directed the US Development Finance Corporation to provide political risk insurance and financial guarantees for all maritime trade passing through the Persian Gulf and Strait of Hormuz. The executive action came as private insurers ca…
