Iran Oil Sanctions Raise Gulf Shipping Risk as Insurers Add $50,000 War Premiums

Iran Oil Sanctions Raise Gulf Shipping Risk as Insurers Add $50,000 War Premiums

A fresh sanctions package can move markets even when it contains no headline-grabbing dollar figure. The latest Iran oil sanctions matter because they land while diplomats are still trying to preserve a ceasefire framework tied to the Strait of Hormuz, one of the world’s most sensitive energy corridors. The United States has targeted companies, vessels … Read more