Bessent says Hormuz tanker escorts were always part of plan

U.S. Treasury Secretary Scott Bessent said that providing naval escorts for oil tankers transiting the Strait of Hormuz has been part of the U.S. strategy from the beginning. Speaking to Sky News, Bessent noted that the U.S. Navy could escort commercial vessels through the key waterway once military conditions make it feasible, potentially alongside an international coalition.

Bessent stated that he believes the U.S. Navy will begin escorting vessels “as soon as it is militarily possible,” adding that the operation could involve allied partners. The comments come as tensions in the Persian Gulf have escalated, raising concerns over the security of one of the world’s most critical energy shipping routes.

Following U.S. and Israeli military strikes on Iran on February 28, maritime traffic through the Strait of Hormuz has dropped sharply as shipping companies weigh the risk of attacks. Many tankers and commercial vessels have remained anchored near the Gulf of Oman while waiting for improved security conditions.

The strait is a vital chokepoint for global energy markets, carrying a significant share of the world’s seaborne oil and liquefied natural gas shipments. While Washington has discussed naval protection and insurance support to reassure markets, the White House has clarified that the U.S. Navy has not yet escorted any tanker through the strait.