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Insurers Roll Out $400 Million War-Risk Facility for Hormuz Shipping | OilPrice.com
Lloyd’s of London and Chubb have launched a $400 million marine war-risk insurance facility to help vessels and cargo safely resume transit through the Strait of Hormuz following a preliminary U.S.-Iran peace agreement.
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cityam.com
Lloyd’s and Chubb unlock $400m to jumpstart Strait of Hormuz shipping
The world's largest insurance marketplace is set to break the Strait of Hormuz logjam with a new $400m (£316m) war-risk facility.
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oilprice.com
Oil Flows Resume Through Hormuz as Insurers Remain Wary | OilPrice.com
The reopening of the Strait of Hormuz marks a major step forward for the U.S.-Iran agreement, but shipping companies, insurers, and oil markets remain cautious as unresolved…
