Iran may not have a nuclear weapon—but it controls the Strait of Hormuz. Here’s why this narrow waterway could become ...
The insurer will act as lead underwriter for a DFC reinsurance scheme backing as much as $20 billion in war-related losses ...
The insurance giant will work with the U.S. International Development Finance Corporation to help backstop shipping.
In this article, we will take a look at the 11 Best Marine Shipping Stocks to Buy Right Now. Marine shipping companies have ...
Israeli war with Iran has become a test of who endures longer. The biggest pressure point appears to be the global economy, ...
The U.S.-centric insurance idea runs counter to the realities of an international market, according to industry executives.
$20B Maritime Insurance Plan for Gulf Launched ...
Oil prices topped $100 a barrel one week after the U.S.-Israeli strikes on Iran, which have threatened production and shipping across the Middle East. West Texas Intermediate (WTI), the primary ...
Vladimir Putin’s shadow tankers are racing to India after Donald Trump temporarily waived US sanctions on Russian oil. Ships carrying Russian crude are making U-turns in the ocean so that the Kremlin ...
Private insurers are fleeing the high-risk war zone of the Persian Gulf, so the U.S. government has stepped in to provide emergency political risk insurance to continue global trade. This ensures that ...
The U.S. sank an Iranian warship in international waters, Defence Secretary Pete Hegseth said Wednesday, as it intensified its bombardment with Israel of Iran's security forces.