Oil Tumbles As Trump Considers Insurance Aid For Tankers

Oil Tumbles As Trump Considers Insurance Aid For Tankers The price of crude instantly tumbled on Tuesday after the Trump administration is reportedly considering providing, or assisting in obtaining insurance for oil tankers crossing through the strait of Hormuz.  According to Reuters, "U.S. President Donald Trump will review policy options on Tuesday aimed at controlling energy prices following recent attacks linked to Iran, including a proposal to help oil tankers transitin...

By Tyler Durden