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U.S. Oil Benchmark Nudges $100 As Trump Demands Countries Send Warships To Police Strait Of Hormuz

By Forbes March 16, 2026 Neutral
U.S. Oil Benchmark Nudges $100 As Trump Demands Countries Send Warships To Police Strait Of Hormuz
The president did not name the countries he had spoken to, but said: “China, as an example, gets about 90% of its oil from the Hormuz Strait and it would be nice to have other countries police that with us.” Trump, however, declined to say if China had agreed to his proposal.
The president did not name the countries he had spoken to, but said: “China, as an example, gets about 90% of its oil from the Hormuz Strait and it would be nice to have other countries police that with us.” Trump, however, declined to say if China had agreed to his proposal.