war risk insurance
8 articles
Oil's Sunday Open Carries New Variables After Iran Struck Bahrain
Iran's drone strike on Bahrain Saturday changes the calculation heading into the Sunday Asian open — markets now price a two-sided exchange, not a one-sided US enforcement action.
Past the Friday Window: Hormuz Quiet, Monday Tape in Focus
The IRGC's signaled Friday reopening for the Strait of Hormuz came and went without confirmation, denial, or incident. Saturday's silence sets the Monday open.
Cargo Vessel Hit by Projectile in Gulf Near Iraq, UKMTO Says
A cargo vessel suffered a large explosion after being struck by an unknown projectile about 40 nautical miles southeast of Umm Qasr, Iraq, the United Kingdom Maritime Trade Operations centre reported.
Rubio Says Hormuz Can Reopen 'Without Toll' as Insurance Premiums Hold at 5%
Secretary Rubio's 'no toll' line is the U.S. counter to Iran and Oman toll proposals, but war-risk insurance premiums have not budged from five times pre-war levels.
Hormuz Insurance Won't Snap Back Even If a Deal Lands
Underwriters are holding war-risk premiums at $3M-$8M per tanker even as Brent falls on deal optimism, anticipating six months of mine clearance and a re-set baseline that won't reverse quickly.
Saudi Aramco Posts Record Profit as Hormuz War Drives Oil to $107
Saudi Arabia's state oil giant earned $32.5 billion in Q1 2026, up 25% year-on-year, as Strait of Hormuz combat keeps Brent above $100 and war-risk insurance premiums at 8–10x pre-war levels.
USS Truxtun and Mason Transit Hormuz Under Iranian Fire
Two US Navy destroyers completed a contested Strait of Hormuz transit Tuesday as Iran struck UAE oil infrastructure and 170 million barrels of tanker cargo remain bottled up.
Brent Crude Falls to $108 on Iran Peace Signal
Brent crude settled at $108.17 Friday as Iran peace-talk optimism trimmed a $126 peak, but Hormuz war-risk insurance remains effectively closed and the nuclear file unresolved.