According to the Financial Times, the Development Finance Corporation (DFC), directed by Donald Trump on March 3 to back maritime insurance, has $154 billion in capacity—far below the $352 billion estimated need.
The United States is confronting an estimated $200 billion shortfall in covering ship insurance for vessels transiting the Strait of Hormuz, per the Financial Times. President Donald Trump instructed the U.S. International Development Finance Corporation (DFC) on March 3 to support maritime insurance amid reduced commercial traffic, which has fallen roughly 92%. However, the DFC’s total capacity of around $154 billion is insufficient to meet the $352 billion required for full coverage. Any increase in the agency’s cap would need congressional approval, potentially delaying risk mitigation measures for one of the world’s most critical oil transit routes.