RE: Worrying times23 Mar 2026 17:46
As for Trump Proquo
Well Trump made one of the most strategic moves in relation to Energy logistics, as last week the amount of Oil tankers moving through the strait went to Zero, not because of Iran closing it, or US blockade it but because insurance cancelled their coverage (City of London, Lloyds) and ships can't sail without coverage. No port wil accept them, no cargo companies will trust them and no one will take the Risk so that 1/5 of the world's oil supply static.
Trump started the United States finance development corporation to offer at a reasonable discount all insurance to political risk and finance guarantees in all maritime trade especially that running through the Gulf. A master stroke the UK walked into.
For 3 reasons:
1/ its not tax income generated, its a commercial insurance product so companies pay for the coverage themselves. So no one is footing the Bill
2/ its a universal product, any maritime shipping can use it, European, middle Eastern or Asian
And 3, the Master stroke: The US navy are the only force that can directly reduce the Risk in the Strait, a destroyer can intercept missiles, drones and boats in the straight greatly reducing Risk of tankers being targeted.
So 3 fold, insurers pay the premiums, US reduces the Risk and oil can now flow through the most important choke point on earth.
In one decisive move he actually stabilised a logistics Crisis brought by London based insurers, that could have been catastrophic.
And just like that, Trump took Energy logistics and maritime insurance to the US.
And your mind is too tiny to comprehend the hidden picture