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BREAKING: According to Reuters, the U.S. Navy has almost daily refused requests from the shipping industry for military escort through the Strait of Hormuz.
Details include:
1. The U.S. Navy states that the current threat of attack is "still too high."
2. The U.S. Navy has held regular briefings with partners in the shipping and oil industries.
3. In these briefings, the U.S. Navy states that they are currently unable to provide escort ships.
4. Sources say that as of Tuesday's press conference, the risk assessment remains unchanged.
The Strait of Hormuz remains largely closed.