Gulf Tensions & Marine Insurance

Gulf Tensions & Marine Insurance: What Happens in the Event of War? Not Just Higher Premiums

Gulf Tensions & Marine Insurance: Rising geopolitical tensions in the Gulf—particularly around the Strait of Hormuz—are significantly reshaping the landscape of marine insurance. The recent conflict triggered by US airstrikes on Iranian nuclear facilities has sparked fears of Iran retaliating by blocking the Strait of Hormuz, one of the world’s most vital oil and shipping…

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