War Risk Insurance at 16x: The Hormuz Cost
Maritime war risk insurance premiums have surged 16x since the Strait of Hormuz closure. How shipping insurance costs flow through to oil prices and consume...
"Finally hitting back at these Iran-backed thugs—should’ve sunk a few of their boats years ago!"
"Paying 16x for insurance? Sounds like the freeloader nations moaning about us cleaning up their mess while they hide behind our Navy."
"Paying 16x for insurance? Sounds like the freeloader nations moaning about us cleaning up their mess while they hide behind our Navy."