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MIDDLE EASTgCaptain4h ago

War Risk Claims Top $2 Billion as Shipping Attacks Spread Beyond Hormuz

By Lori-Ann LaRocco – The payout to vessel owners damaged in the Iran War is the second-biggest payout for marine underwriters in more than a decade, according to maritime insurance...

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MIDDLE EASTContainer News10h ago

Explainer: Testing Washington’s two-year bypass claim

Speaking at G20 finance talks US Treasury Secretary Scott Bessent declared that the Strait of Hormuz will be “bypassed in two years,” becoming, in his words, “a worthless piece of water” as Gulf oil…

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