4 Hrs
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المشهد العربي
Trump urges global funds for Gulf oil
U.S. President Donald Trump called on countries around the world to compensate the United States for the high costs it bears to secure the passage of oil shipments through the Strait of Hormuz, criticizing those nations for not providing support or assistance to his country. He emphasized that the United States continues to protect this strategic waterway, with the number of oil shipments passing through it increasing, reflecting a push to have the beneficiary countries of energy route stability share part of the costs of maritime security. This comes amid growing reliance on Washington’s protection to ensure oil flow, at a time when U.S. oil reserves have fallen to their lowest level since 1982.
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