Strait of Hormuz
Energy
Geopolitics
Marine Insurers Brace for 50% Premium Surge as Gulf Tensions Threaten World’s Critical Oil Chokepoint
War risk rates for vessels transiting the Strait of Hormuz could spike to unprecedented levels as US-Iran conflict escalates, threatening 20% of global oil flows and reshaping energy security calculations across Asia.
Energy
Geopolitics
Russia Condemns U.S.-Israeli Strikes on Iran, Exposing Limits of Moscow-Tehran Alliance
Moscow's rhetorical condemnation of the attacks reveals the transactional nature of its relationship with Tehran, as energy markets brace for retaliation across a region that supplies 20% of global oil.
Energy
Geopolitics
Gulf States Front-Run Iranian Supply Risk with Highest Crude Exports Since 2022
Saudi Arabia and UAE accelerate shipments to 16.1 million bpd amid renewed tensions, while insurance costs surge 60% for Strait of Hormuz transit as markets price in potential disruption.