THENATIONALPULSE (William Upton) - Trump Admin Moves to Cover Shipping Insurance to Reopen Strait of Hormuz.
PULSE POINTSWHAT HAPPENED: President Donald J. Trump announced Tuesday afternoon that the United States Development Finance Corporation (DFC) will begin providing “political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf.”WHO WAS INVOLVED: President Trump, the DFC, Iran, the Islamic Revolutionary Guard Corps (IRGC), and global […] The post Trump Admin Moves to Cover Shipping Insurance to Reopen Strait of Hormuz. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: President Donald J. Trump announced Tuesday afternoon that the United States Development Finance Corporation (DFC) will begin providing “political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf.” WHO WAS INVOLVED: President Trump, the DFC, Iran, the Islamic Revolutionary Guard Corps (IRGC), and global shipping insurers. WHEN & WHERE: The announcement was made on Tuesday, March 3, 2026 . KEY QUOTE: “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade,…Open