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In full: US Navy to escort oil tankers through Strait of Hormuz, treasury secretary tells Sky News
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March 12, 2026
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14:08Now PlayingThe US treasury secretary has told Sky News that the US Navy will be escorting oil tankers through the Strait of Hormuz.
Speaking to Sky News' Wilfred Frost, Scott Bessent said: "My belief is that as soon as it is militarily possible, the US Navy, perhaps with an international coalition, will be escorting vessels through."
He added: "There are, in fact, tankers coming through now, Iranian tankers, I believe some Chinese flag tankers have come through. So we know that they have not mined the straits."
The full interview of “The Master Investor Podcast with Wilfred Frost”, available to watch on YouTube or to listen wherever you get your podcasts.
#iran #straitofhormuz #usa #middleeast
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