US Navy escorts 20 oil tankers nightly through Strait of Hormuz, says Burgum, easing supply strain

The United States has begun escorting oil tankers through the Strait of Hormuz each night. Officials say about 20 tankers are protected on each voyage. Energy Secretary Pete Burgum announced the operation as a response to regional tensions. The escorts are intended to keep shipping lanes open for crude exports. By securing the strait, the U.S. hopes to reduce pressure on global oil prices. The move follows concerns that disruptions could tighten supply. Industry analysts view the escorts as a stabilizing factor for markets. The Navy will continue the nightly missions while monitoring the situation.