Tuesday, June 30, 2026
World

Trump's solutions to Iranian shipping threat leave insurance sector unimpressed

Donald Trump's offer of US-backed insurance and naval escorts for shipping travelling through the Straits of Hormuz has not prevented maritime premiums soaring as underwriters scramble to reassess the risks to oil, gas and cargo vessels.

Trump's solutions to Iranian shipping threat leave insurance sector unimpressed
Image: Sky News
Donald Trump's offer of US-backed insurance and naval escorts for shipping travelling through the Straits of Hormuz has not prevented maritime premiums soaring as underwriters scramble to reassess the risks to oil, gas and cargo vessels.

Originally published at Sky News

The Morning Briefing

Subscribe to our Newsletter

Be the first to receive the latest news, market analysis and updates — delivered straight to your inbox.