SECURITYJun 17 · 03:33 UTCPOLITICO EUROPEBen Lefebvre, Scott Waldman

‘VIP pass’: Trump administration mulling how to coax more oil tankers through Hormuz

Trump administration officials are exploring a fee-based 'VIP pass' naval escort system to encourage oil tanker traffic through the Strait of Hormuz, as discussions with insurance companies aim to address coverage gaps for ships navigating the waterway. Over 500 ships remain stalled outside Hormuz due to safety concerns, impacting global oil prices and U.S. political dynamics ahead of November elections.

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Trump administrationorganizationStrait of HormuzplaceVIP passtopicnaval escorttopicinsurance companiesorganizationDonald TrumppersonSusie WilespersonKplerorganizationIranplaceUnited Statesplace

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