Insurers announced they were cancelling war risk coverage after the IRGC said the Strait of Hormuz was 'closed'.

RIYADH: Marine insurance companies are considering canceling or repricing policies in the Middle East, according to the Financial Times This comes after the US and Israeli strikes…

RIYADH: Shipping and logistics across the Middle East were disrupted after major carriers halted routes and ordered vessels to seek shelter following joint US-Israeli attacks on…