In an interview on Monday, Treasury Secretary Scott Bessent said that the United States will "retake control" of the Strait of Hormuz over time, signaling that Washington is considering direct naval escorts, or a broader multinational mission, to restore freedom of navigation through one of the world's most critical energy chokepoints.
Speaking on "Fox & Friends," Bessent said, "Over time, the U.S. is going to retake control of the straits, and there will be freedom of navigation, whether it is through U.S. escorts or a multinational escort." His comments came as the administration tried to reassure markets that oil supplies remain available, even as shipping traffic through the Strait of Hormuz has been badly disrupted by the escalating conflict involving Iran.
