Hormuz Ship Insurance Demand Drops as Owners Get Nervous
Two marine war insurance brokers and two underwriters said they have seen fewer requests for quotes since a ceasefire in the Middle East all but broke down this week.
Read the full articleYou might also wanna read
Insurers slash war premiums for Strait of Hormuz ships
Premiums for hull war coverage drop by more than half as ceasefire deal holds
ft.trib.al·15d ago
Middle East vehicle sales to decline 3.9% this year: report
The gradual recovery in trade flows through the Strait of Hormuz and lower oil prices should help ease some of the pressures that weighed on
Lower oil prices aren’t a gamechanger for the growth outlook
We’ve lowered our oil price forecast in response to the fragile truce between the US and Iran and the moderate pick-up in shipping traffic t
Traffic through Strait of Hormuz falls steeply after new US-Iran strikes
Data shows a decline in the number of ships - many carrying oil and gas - going through the waterway after attacks this week.
Traffic through Strait of Hormuz falls steeply after new US-Iran strikes
Data shows a decline in the number of ships - many carrying oil and gas - going through the waterway after attacks this week.
Iran failing to de-escalate after Hormuz vessel attacks, says UAE official
Three commercial ships reported attacks near Oman as fresh strikes on Bahrain and Kuwait raised doubts over the US-Iran ceasefire.
Oil prices drop nearly 2% as market shifts focus from Iran tensions to supply outlook
Oil extended declines on Friday, with markets focused any further breakthroughs in the Middle East conflict, while digesting a flurry of new
cnbc.com·14d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.