Trump administration takes steps to protect shipping during Iran conflict

The Trump administration is taking action to protect international shipping and trade routes that are being threatened by the conflict with Iran. A key measure is an order for a government bank to provide political risk insurance and financial guarantees for ships and cargo moving through dangerous areas, particularly the Strait of Hormuz.

This move comes as the conflict is creating major economic problems for the administration. The situation is colliding with Trump's main economic priorities, like maintaining strong job growth and stable prices. The war is seen as a significant risk to these goals.

The administration's actions are focused on trying to shield the U.S. and global economy from the disruptions caused by the conflict, aiming to keep maritime trade flowing despite the heightened dangers.