David Blair: Trump has three options in the Gulf, and all of them are bad

Pity the ship-owner or insurer with a tanker stranded in the Gulf. On Monday, Donald Trump offered some hope by declaring that the US would “guide” any trapped vessel through the Strait of Hormuz under Project Freedom. Now, barely 72 hours later, the president has suddenly “paused” this plan, even as more than 1,500 commercial ships still lie at anchor.