Trump moves to give oil ships financial cover amid Iran war

Source: The Hill News · Bias: Center

Summary

President Trump took steps Tuesday to prevent a sharp decline in global oil supply and give maritime shipping companies financial protection amid the war in Iran. The president said Tuesday he was ordering the U.S. Development Finance Corp. (DFC), a federal agency, to provide political risk insurance for shipping companies traveling through the Persian Gulf.…

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Trump moves to give oil ships financial cover amid Iran war
The Hill News

Trump moves to give oil ships financial cover amid Iran war

Center

President Trump took steps Tuesday to prevent a sharp decline in global oil supply and give maritime shipping companies financial protection amid the war in Iran. The president said Tuesday he was ordering the U.S. Development Finance Corp. (DFC), a federal agency, to provide political risk insurance for shipping companies traveling through the Persian Gulf.…

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