Marsh, Aon in Talks With US on Insuring Tankers in Hormuz March 5, 2026 By Leonard Kehnscherper and Alexandre Rajbhandari Marsh and Aon Plc, two of the world’s largest insurance brokers, are in talks with the US government on a...
Small Container Ship Abandoned After Being Hit in Hormuz March 4, 2026 By Alex Longley, Weilun Soon and Anthony Di Paola A container vessel was abandoned after being hit while transiting the Strait of Hormuz, a UK naval group said, as...
Gulf Shipping Crisis Deepens as Tankers Stranded for Fifth Day, US Sinks Iranian Warship March 4, 2026 By Yousef Saba, Jonathan Saul and Anna Hirtenstein The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis...
NATO Shoots Down Iranian Ballistic Missile Headed for Turkey March 4, 2026 By Selcan Hacaoglu and Firat Kozok The North Atlantic Treaty Organization on Wednesday shot down a ballistic missile fired from Iran and headed toward Turkish airspace,...
Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say March 4, 2026 By Weilun Soon, Ruth Liao and Serene Cheong President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees...
Trump Orders Oil Tanker Insurance Support, Says Navy Could Escort Ships in Gulf March 4, 2026 By Jarrett Renshaw and Timothy Gardner The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on...
London Marine Insurers Widen High-Risk Zone in Mideast Gulf as Conflict Escalates March 3, 2026 London’s marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in...
Insurance Gaps Leave Airlines Exposed as Iran Conflict Widens March 3, 2026 By Noor Zainab Hussain and Manya Saini As the U.S.-Israeli air war against Iran widened on Monday with no end in sight, focus shifted to the impact...
Iran Conflict Disrupts Global Shipping as Tankers Are Stranded, Damaged March 3, 2026 By Jonathan Saul, Emily Chow and Jeslyn Lerh Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts...
Drone Strikes Damage Amazon Data Centers in the UAE and Bahrain March 3, 2026 By Aaron Clark Amazon.com Inc.’s cloud unit warned of prolonged disruptions to its services after revealing that drone strikes damaged three of its...