March 2026

Conflict in the Middle East: Will rising oil prices translate into higher ship operating costs?

The Middle East shipping trade has once again come under heightened scrutiny due to the conflict in the Strait of Hormuz. Although this conflict has already led to higher shipping rates and war-risk insurance premiums, it could substantially impact shi…

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Middle East Conflict: Straits of Hormuz Transits 95% Down says Clarksons Research

Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their latest update issued today at 10.00 am 30th March, Steve Gordon, Global Head of…

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