Interview with Treasury Secretary Scott Bessent was interrupted when the President called him to the Situation Room.
Wilfred Frost
Asks if the Navy might have to go into the Strait of Hormuz to help ships get through, which would have a big effect.
Wilfred Frost
Scott Bessent
It was always in our planning that there's a chance US Navy or an international coalition will be escorting oil tankers through the Strait.
Asks if the volume of ships through the Strait of Hormuz will be improving immediately.
Wilfred Frost
Scott Bessent
It is my belief that as soon as it is militarily possible, the US Navy and perhaps an international coalition will be escorting vessels through.
Summarizes that the clear implication is the US Navy might aid ship passage into the Strait of Hormuz.
Wilfred Frost
Reveals Bessent said the cost of the war for the US so far is $11 billion, and no number would make him tell the President 'we can't afford this anymore'.