Iran War: U.S. Navy will escort oil tankers through Strait of Hormuz when 'militarily possible,' Bessent tells Sky News

The Strait of Hormuz has been effectively closed to shipping because of the war against Iran by the U.S. and Israel.

# Iran War: U.S. Navy will escort oil tankers through Strait of Hormuz when 'militarily possible,' Bessent tells Sky News The Strait of Hormuz has been effectively closed to shipping because of the war against Iran by the U.S. and Israel. **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/12/iran-war-us-navy-strait-of-hormuz-oil-bessent.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*