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53 new news items in the last 24 hours
  1. Home
  2. International

The conflict between Israel and Iran has led to an increase in insurance costs for ships in the Red Sea and the Persian Gulf, reflecting deteriorating regional security.

Adrian Rusu
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20 June 2025, 07:44
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International
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Rising tensions between Israel and Iran have led to a significant increase in insurance costs for ships transiting the Red Sea and the Persian Gulf, with rates for insuring Persian Gulf vessels rising from 0.125% to 0.2% of the value of the vessel. Insurance for ports in Israel has tripled and the validity of offers has been reduced to 24 hours. Shipping companies are becoming more reluctant to cross the Strait of Hormuz, a key point for oil exports, which could affect global energy supplies.

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News.ro
Costurile asigurărilor maritime cresc puternic în Orientul Mijlociu, pe fondul conflictului Israel-Iran
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G4Media
Costurile asigurărilor maritime cresc puternic în Orientul Mijlociu, pe fondul conflictului dintre Israel și Iran / Teheranul amenință cu închiderea Strâmtorii Ormuz, unul dintre cele mai sensibile puncte de tranzit pentru aprovizionarea globală cu petrol

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NEWS ON THE SAME TOPICS

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Economy
The price of oil rose on Tuesday, fueled by the intensification of conflicts in the Middle East and fears regarding global supply.
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International
Commercial vessels reduce transits through the Strait of Hormuz amid the escalation of the conflict in the Middle East
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Economy
Oil exceeds 90 dollars per barrel due to the conflict between the USA and Iran. Analysts predict further increases in price.
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Economy
Brent crude oil surpasses 80 dollars per barrel after escalating tensions between the USA and Iran
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International
Maritime transport through the Strait of Hormuz is slowing down due to uncertainties.
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International
The director of AIE stated that the global economy will be affected if the conflict in the Strait of Hormuz is not resolved quickly.
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