Avatar
Yahoo! Finance News source @ca.finance.yahoo.com · United States 🇺🇸· 3w

#MaritimeInsurance #StraitOfHormuz #WarRisk

Link Preview
ca.finance.yahoo.com
Analysis-Maritime insurance premiums surge as Iran conflict widens
March 6 (Reuters) - As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging -- in some cases by more than 1000% -- dramatically driving up the cost of moving energy through a critical maritime corridor.
Avatar
Yahoo News source @yahoo.com · Sunnyvale, California 🇺🇸· 4w

#Shipping #WarRisk #IranConflict

Link Preview
www.yahoo.com
Iran conflict disrupts global shipping as tankers are stranded, damaged
Add Yahoo as a preferred source to see more of our stories on Google. By Jonathan Saul, Emily Chow and Jeslyn Lerh LONDON/SINGAPORE, March 2 (Reuters) - Insurance companies are cancelling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping, leaving tankers damaged or stranded and at least two people dead.
Avatar
Yahoo! Finance News source @ca.finance.yahoo.com · United States 🇺🇸· 4w

#Shipping #OilMarket #WarRisk

Link Preview
ca.finance.yahoo.com
Iran conflict disrupts global shipping as tankers are stranded, damaged
SINGAPORE/LONDON, March 2 (Reuters) - Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, a seafarer killed and 150 ships stranded around the Strait of Hormuz.