US Navy tells shipping industry Hormuz escorts not possible for now - Business Insurance

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US Navy tells shipping industry Hormuz escorts not possible for now - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers US Navy tells shipping industry Hormuz escorts not possible for now REUTERS Marine , Risk Management Mar 10, 2026 (Reuters) — The U.S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war with Iran, saying the risk of attacks is too high for now, according to sources familiar with the matter. The Navy’s assessments spell continued disruption to Middle East oil exports and reflect a divergence from President Donald Trump’s statements that the U.S. is prepared to provide naval escorts whenever needed to restart regular shipments along the key waterway. Shipping along the narrow strait has all but halted since the start of the U.S.-Israeli war on Iran more than a week ago, preventing exports of around a fifth of the world’s oil supply and sending global oil prices surging to highs not seen since 2022. A senior official with Iran’s Revolutionary Guards has said the strait is closed and Iran will fire on any ship ​trying to pass, Iranian media reported last week. Several ships have already been hit. The U.S. Navy has held regular briefings with shipping and oil industry counterparts and has said during those briefings it is unable to provide escorts for the time being, three shipping industry sources familiar with the matter said. The sources, who declined to be identified due to the sensitivity of the matter, said the shipping industry has been making requests almost daily during the calls for naval escorts through the strait. One of the sources said the Navy’s assessment during Tuesday’s briefing had not changed and that escorts would only be possible once the risk of attack was reduced. The Pentagon did not immediately respond to a request for comment. Mr. Trump has said repeatedly in recent days that the United States is prepared to escort tankers through the Strait of Hormuz when necessary. “When the time comes, the U.S. Navy and its partners will escort tankers through the strait, if needed. I hope it’s not going to be needed, but if it’s needed, we’ll escort them right through,” he said on Monday during a press conference at his Mar-a-Lago resort in Florida. The U.S. military has started looking at options to potentially escort ships through the strait, should it be ordered to do so, General Dan Caine, chairman of the Joint Chiefs of Staff, said on Tuesday. “We’re looking at a range of options there,” he told reporters at the Pentagon. A U.S. official told Reuters the U.S. military has not yet escorted any commercial ships through the strait. Earlier in the day, U.S. Secretary of Energy Chris Wright deleted a post on X in which he said the Navy had successfully escorted one through. While there have been some voyages through the waterway in recent days, the majority of shipping traffic remains on hold, with hundreds of ships ​anchored. Saudi Arabia’s Aramco, the world’s top oil exporter, said on Tuesday there would be “catastrophic consequences” for the world’s oil markets if the war with Iran continues to disrupt shipping in the Strait of Hormuz. Maritime security specialists and analysts said securing the strait will be difficult, even if the effort involves an international coalition, because of Iran’s ability to deploy mines or cheaply made attack drones. “Neither France, the United States, an international coalition or anybody is in a position to secure the Strait of Hormuz,” said Adel Bakawan, director of the European Institute for Studies on the Middle East and North Africa. Last week, Iran used a remote-controlled boat laden with explosives to damage a crude oil tanker anchored in Iraqi waters, according to initial assessments from two Iraqi port security sources. A maritime security source said securing the strait could require the U.S. to take control of Iran’s vast coast. “There are not enough naval vessels to do that and the risks remain high even with an escort. One or two vessels can be overwhelmed by a swarm (of fast boats or drones),” the source said. The Pentagon renewed threats on Tuesday to hit Iran harder unless shipments can flow through and said it was striking Iranian mine-laying vessels and ​mine-storage facilities. Related News For better premiums or worse March 10, 2026 OSHA workplace violence prevention plan to face audit March 10, 2026 Former FM chief Tom Lawson dies March 10, 2026 Beazley buys energy MGA kWh Analytics March 10, 2026 Utah firefighter cancer trust fund bill heads to governor March 10, 2026 Captive owners use hybrid structures to add stability March 10, 2026 Calif. bill would change workers comp medical treatment March 10, 2026 Group captives evolving, still have ‘headroom for growth’ March 10, 2026 Gulf conflict drives war risk premiums up 1,000% March 10, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. 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