Trump Highlights Empty Tankers Heading to US Amid Hormuz Closure
President Donald Trump highlighted a surge of empty oil tankers heading to the United States on Saturday, positioning American crude as a key alternative amid the ongoing closure of the Strait of Hormuz despite a fragile ceasefire with Iran.
In posts on Truth Social, Trump noted that large vessels from around the world were en route to U.S. Gulf Coast ports to load up on what he described as the country's abundant and high-quality oil and natural gas. "Massive numbers of completely empty oil tankers, some of the largest anywhere in the World, are heading, right now, to the United States to load up with the best and sweetest oil and gas anywhere in the World," he wrote. "We have more oil than the next two largest oil economies combined and higher quality. We are waiting for you. Quick turnaround!" The movement reflects refiners and traders seeking reliable supplies as the strait, which handles about 20 percent of global oil and liquefied natural gas flows, remains blocked to commercial traffic.
The disruptions stem from a conflict that erupted on February 28, when U.S. and Israeli strikes targeted Iranian facilities, prompting retaliation against American bases and Israeli sites....