The current conflict in the Middle East has been as disruptive commercially as it has been geopolitically. Many businesses operating...
Strait of Hormuz News
Commercial traffic through the Strait of Hormuz is at a virtual standstill on Monday after a brief and confused reopening...
Iran has started charging transit fees on some commercial vessels passing through the Strait of Hormuz, another sign of Tehran’s...
The Lloyd's of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even...
Insuring vessels to sail through the Strait of Hormuz is still possible, even if at a very high cost, according...
TEHRAN, Iran (AP) — At least one person died after two strong earthquakes struck the southern Iranian province of Hormozgan,...
LONDON — Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after...
SEOUL (AP) — Armed Iranian Revolutionary Guard troops stormed a South Korean tanker and forced the ship to change course...
Seizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for...
LONDON — Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard...