Published: Mar 14, 2026, 09:45 IST | Updated: Mar 14, 2026, 09:45 IST
President Donald Trump said on Friday the U.S. would soon begin escorting ships through the Strait of Hormuz to protect them from Iranian attack, as his administration searches for ways to ease high oil prices fuelled by the U.S.-Israeli war on Iran.
Trump issued a temporary waiver for some purchases of sanctioned Russian oil, a move that drew criticism from U.S. allies in Europe for potentially helping Russia fund its war with Ukraine.