Ships can get cheap war insurance during peacetime. But if a war actually breaks out, much pricier war insurance is necessary. If they want to get out, they’re going to need safe passage. But they’re ...
In early March 2026, one of the world’s most important energy routes experienced a sudden disruption. The crisis did not begin with mines, naval blockades, or direct military action. Instead, it ...
Treasury Secretary Scott Bessent joins CNBC's "Squawk Box" to discuss the ongoing war in Iran, impact on oil prices, how U.S. will provide insurance to oil tankers in the Persian Gulf to get traffic ...
Iranian forces' threat to ships in the crucial Strait of Hormuz has driven up payments for the insurance that underpins the world freight industry. Here are facts and figures about how maritime ...
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