Insurers slash war premiums for Strait of Hormuz ships

ceasefire active 50% Conflict

Insurance premiums for war risk coverage on ships passing through the Strait of Hormuz have dropped by more than half following a ceasefire agreement, easing maritime security concerns in the region.

๐Ÿ‡ฌ๐Ÿ‡ง Location: Strait of Hormuz — Sources: 1 — First seen: Last seen:
insurance premiums war risk Strait of Hormuz maritime security ceasefire

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