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Analysis

The cost of insuring ships in the Strait of Hormuz has surged to 10 percent of each ship's cargo value, up from about one percent, due to heightened risks of attack, according to shipping experts and an Associated Press report. Ship traffic in the strait has also been severely disrupted, increasing security risks and costs for shipping companies.

Anonymous SubmissionRey, Tehran
@اتاق خبر منوتو: The cost of insuring ships in the Strait of Hormuz area has seen an unprecedented surge due to heightened risks of attack, and according to shipping experts, it has risen from about one percent of the

@اتاق خبر منوتو: The cost of insuring ships in the Strait of Hormuz area has seen an unprecedented surge due to heightened risks of attack, and according to shipping experts, it has risen from about one percent of the

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