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Tag: Strait of Hormuz

Activity, Insurance

Oil Tankers Steer Clear of Middle East Refueling Hub As Attacks, Insurance Costs Rise

July 9, 2019

Via: Insurance Journal

Oil tanker owners are avoiding sending their ships to the Middle East’s main refueling hub after a spate of attacks on vessels in the past two months ratcheted up tensions and highlighted the growing risks of operating in the region. […]