BUSINESSglobal
Shipping Insurance Costs to Cross Hormuz Soar After Vessel Attacks
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Updated 2 hours ago
First seen March 17, 2026 11:45:36Stay on top of this story
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Quick Summary
Insuring vessels to sail through the Strait of Hormuz is still possible, even if at a very high cost, according to people involved in the market. The cost of coverage has leaped to about 5% of the value of a …