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The Jerusalem Post | JPost.com
jpost.com > business-and-innovation > energy-and-infrastructure > article-889219

US launches $20b Hormuz reinsurance to stabilize oil trade

2+ day, 6+ hour ago  (321+ words) The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic has all but stopped amid the US and Israeli attacks on Iran. The US International Development Finance Corp. said Friday it…...