New Delhi, March 13 -- US Treasury Secretary Scott Bessent said the United States Navy may soon escort oil tankers through the Strait of Hormuz as tensions escalate following attacks on shipping and energy infrastructure in the Persian Gulf.

The comments came as global oil prices surged above $100 a barrel and tanker traffic through the key waterway slowed sharply amid fears of further disruptions.

Bessent speaking to Sky News suggested that naval escorts could be introduced once the situation allows.

"My belief that as soon as it is militarily possible, the US Navy, perhaps with an international coalition, will be escorting vessels through," Bessent said.

Despite the tensions, Bessent noted that some vessels continue to pass through ...