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News
Global Shipping Braces as Strait of Hormuz War-Risk Insurance Spikes to 10%
3+ week, 4+ day ago (759+ words) streamlinefeed.co.ke The cost of maritime war-risk insurance for commercial vessels transiting the Strait of Hormuz has surged to nearly 10 percent of hull value, threatening to sever global crude oil trade routes and inflict massive inflationary pressure on import-dependent…...