The Trump administration has sought to minimise the impact of the Strait of Hormuz’s effective closure while offering few details on how it might restore oil flows through the strategic waterway. “There’s nothing to be afraid of,” US President Donald Trump said in an interview with Fox News aired on Friday, urging oil tankers to “show some guts.” Trump said Washington was still considering escorting ships through the strait but did not indicate whether a decision had been made. “We would do it…
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