By Admin 
Ever since the war between Israel and Iran started, Asian, Middle East and some western countries are in great tension. As soon as the war started, Iran had announced the closure of the Strait of Hormuz, due to which the Middle East countries, which export oil and gas, and the Asian and Western countries, which import oil and gas, came into tension. Meanwhile, very relieving news has come from America.
The White House has said that if necessary, the United States can deploy naval security forces for oil tankers passing through the Strait of Hormuz. The conflict with Iran has raised concerns about global energy supplies and shipping security in one of the world’s most important sea corridors. 15 to 20 million barrels of crude oil and gas are exported through Hormuz.
During a White House briefing, Press Secretary Carolyn Leavitt said the US is keeping a close eye on oil markets and maritime traffic as Operation Epic Fury continues against Iran. He said President Donald Trump has already taken steps to stabilize energy markets and protect ships in the Gulf region. The US Development Finance Corporation will provide political risk insurance for crude oil carriers and cargo ships operating in and around the Gulf region.
He said that in case the security of ships deteriorates, the US Navy can also intervene directly. President Trump has said that if necessary, the US Navy will start escorting tankers through the Strait of Hormuz. The purpose of this step is to prevent disruption in global oil flows due to the intensification of the conflict with Iran. This waterway plays a central role in global energy markets.
The Strait of Hormuz controls 20 percent of the world’s global oil supply. The White House said the administration is working closely with its economic and energy teams to mitigate the economic impact of the conflict. Leavitt said, ‘With respect to oil prices and the domestic economy, certainly, this is an issue that the National Economic Energy Council, led by Finance Minister Scott Besant, Energy Minister Chris Wright and Doug Burgum, has worked on for a long time.’
US officials believe the economy can absorb temporary shocks arising from the conflict. He said the President and his economic team believe the economy remains very strong. It is robust and will be able to withstand any temporary impact of Operation Epic Fury.
The White House said the recent action against Iran could ultimately improve the stability of global energy markets. Leavitt argued that the conflict would reduce Tehran’s influence over ships passing through the strategic waterway. He said, ‘I think this explains why this action was so necessary, because ultimately the energy industry will benefit from the President’s action regarding Iran.’
Iran will no longer be able to threaten ships passing through this area. He said, ‘Iran will no longer be able to control the Strait of Hormuz and restrict the free flow of energy.’ Oil prices rose slightly after the conflict began, raising concerns about inflation and fuel costs in major importing countries.