Strait of Hormuz crisis: Insurers cancel policies, raise war risk premiums on ships after Israel strikes on Iran-Report

Feb 28, 2026 - 13:00
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Strait of Hormuz crisis: Insurers cancel policies, raise war risk premiums on ships after Israel strikes on Iran-Report
War risk underwriters submitted cancellation notices for ships operating through the key oil chokepoint ahead of trading reopening on Monday, brokers said, as per a report.

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