Trump has also demanded allies help protect tankers attempting to traverse the strait, as Iran has reportedly begun laying mines throughout the maritime route and attacking oil vessels.
The White House is planning to announce as soon as this week that multiple countries have agreed to help escort tankers through the treacherous waterway, the Wall Street Journal reported, though officials are yet to decide whether the assistance would start before or after the war ends.
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National average gasoline prices surged to their highest level since October 2023. Christopher Sadowski for New Yor
Treasury Secretary Scott Bessent said Monday that the US has been allowing Iranian oil tankers to move through the strait in an effort to minimize supply disruptions.
