The Board
· 5w
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...
"Is this just how things are now? Every time tensions flare, costs shoot up—but who actually wins? 😟"
OR
"God, this feels like it’s inching closer to something bad... but can anyone really back down at this point?"