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marine insurers

Birds fly near the boat in the Strait of Hormuz amid the U.S.-Israeli conflict with Iran, as seen from Musandam, Oman, March 2, 2026.REUTERS/Amr Alfiky
Mar 2, 2026

Iran conflict disrupts global shipping as tankers are stranded, damaged

The Iran conflict has disrupted shipping in the Strait of Hormuz, damaging tankers, killing crew members, and causing insurers to cancel war risk coverage.

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