Trump asks other countries to send warships to Strait of Hormuz

President Donald Trump is pressuring several countries, including NATO allies and China, to send warships to help secure the Strait of Hormuz. The strait is a vital waterway for global oil shipments, and Iran has recently threatened to close it.

The push for an international naval force has so far received a muted response from the countries being asked. The request has also contributed to a drop in U.S. Treasury yields and the value of the dollar.