Hormuz: United States blockade further complicates insurance

Monday, 13 April 2026RSS
Hormuz: United States blockade further complicates insurance

Trump's order for the US Navy to seize any vessel that has paid transit fees to Iran has introduced a new risk category into existing maritime war insurance policy clauses. A seizure by a belligerent nation acting under alleged legal authority sits in a grey area between risk of...

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