Shipowners face extra premiums with expansion of war risk zones
London insurance market agrees that additional premiums are required across wider area of the Middle East
Shipowners face extra premiums with expansion of war risk zones Read More »
March 2026
Asian oil buyers look beyond Middle East crude as Hormuz risk rises
China and India could turn to increased Russian imports, while other Asian nations may face stiffer competition on the global market
Asian oil buyers look beyond Middle East crude as Hormuz risk rises Read More »
Strait of Hormuz shut. Iran will ‘set fire to anyone who tries to pass through’
Authorities promise fire and fury on any ship that attempts to transit the strait
Strait of Hormuz shut. Iran will ‘set fire to anyone who tries to pass through’ Read More »
Iran officially declares the Strait of Hormuz as closed
Authorities promise fire and fury on any ship that tries to pass through the Staits of Hormuz
Iran officially declares the Strait of Hormuz as closed Read More »
Middle East shock may be brief, China seen gaining from cheaper Iranian oil: China shipping veteran
Shipping veteran sees disruption fading fast, but with China potentially securing more discounted Iranian crude