122 Days
Source:
المشهد العربي
Source: المشهد العربي
122 Daysالمشهد العربي
Source: المشهد العربي
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Shipping insurance costs for vessels passing through the Strait of Hormuz have seen a significant rise following the collapse of the temporary ceasefire agreement. Surcharge premiums now range between 1% and 5% of the vessel's value, up from less than 2% previously. This escalation coincides with Trump's announcement of the end of the ceasefire with Iran and the U.S. military carrying out strikes on Iranian targets in response to attacks on commercial ships. These developments reignite the risks of geopolitical conflict, impacting shipping expenses and the security of energy supplies.
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