Industry casts doubt on Trump plan to insure Gulf oil tankers as Iran war halts transit ⊖
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a story from Financial Times ✅ › Financial Times
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2026 › March › 05
Strait
4 months ago
US lacks firepower to provide $350bn in coverage needed to revive Strait of Hormuz transits, JPMorgan says
Timelapse shows change in the flow of ships in the Strait of Hormuz ○
A timelapse of marine traffic shows the flow of ships has decreased in the Strait of Hormuz.
How will Trump's plan to cover war-risk insurance for tankers in the Gulf affect the City of London's insurers? ⊕
President Trump has promised to look at insurance guarantees for ships in the Strait, as insurers hike premiums making it less likely that they will pass through.
Will the US benefit from the oil crisis sparked by the war on Iran? ⊖
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a story from Al Jazeera 🚨 › Al Jazeera English
Attacks on energy sites in the Gulf and disruptions in the Strait of Hormuz give Western exporters a chance to profit.
Terror on the cruise ships trapped in the Gulf: Passengers and captain describe continuous explosions overhead, panicking families and sleepless nights as they await evacuation ⊖⊖
The passengers and crews are unable to leave the ships, which have become floating hotels, after escalating hostilities raised fears over safety in the Strait of Hormuz.
Wizz Air issues profits warning due to Middle East crisis; China ‘tells refiners to halt diesel and gasoline exports’ – business live ⊖⊖
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a story from The Guardian ⚠️ › International
Rolling coverage of the latest economic and financial news
Middle East crisis live: Israel launches fresh strikes on Tehran; Iran claims to have targeted Kurdish groups in Iraq
The US-Israel war with I…
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