# shipping insurance
Latest news and articles about shipping insurance
Total: 2 articles found
Experts Warn US Escort Plan for Strait of Hormuz Is Impractical and Risky
Washington's push for allied warships to escort shipping through the Strait of Hormuz has met tepid responses as experts warn such a mission would require large multinational forces, provide only limited capacity restoration, and face varied, hard-to-counter Iranian threats. Analysts say the plan is militarily complex and politically risky, making alternatives such as diplomacy and commercial adjustments more likely responses.
Hormuz Shutdown Sparks Global Oil Shock — $100 a Barrel May Be Just the Start
Iran's effective closure of the Strait of Hormuz has cut roughly 90% of daily oil flows, lifting Brent and WTI above $90 and prompting forecasts that oil could top $100 within days. The disruption — amplified by attacks on energy infrastructure, insurability breakdowns and limited pipeline rerouting — risks a sustained global supply shock with sharp economic fallout, even as China and other importers draw on strategic reserves and contingency plans.