War Risk Premium

MPV operators are hesitant to resume Strait of Hormuz transits, awaiting certainty on the US-Iran peace deal's stability

Somali piracy has surged in the Western Indian Ocean, while geopolitical tensions are escalating maritime risks for commercial shipping

The Joint Maritime Information Centre has reduced the threat level for shipping in the Strait of Hormuz, but warns of continued risk

A possible US-Iran agreement could lead to the reopening of the Strait of Hormuz after three months of disruption

Maersk maintains cargo restrictions and surcharges in the Persian Gulf, signaling ongoing abnormal shipping conditions.

The US military is conducting covert ship-to-ship oil transfers in the Gulf, using drones and helicopters to guide convoys

Fewer than five commercial vessel attacks have been completed in the Strait of Hormuz despite over 200 transits with US military guidance

Disruptions in the Strait of Hormuz are reshaping fertilizer markets, prioritizing access over cost, with global food production impacts

Despite diplomatic progress, the Strait of Hormuz remains a high-risk waterway with reported explosions and military protection needs

AIS-visible commercial traffic in the Strait of Hormuz dropped to near zero between June 11 and 14, indicating severe operational pressure

IMO Secretary-General welcomes the US-Iran peace agreement, aiming to restore safety in the Strait of Hormuz maritime corridor

India's shipping regulator advised carriers to limit Indian seafarer deployment in the Strait of Hormuz following recent attacks

A report suggests the Trump administration has signed an MOU with Iran regarding the Strait of Hormuz, potentially altering maritime…

Mine clearance operations in the Strait of Hormuz are expected to delay the resumption of normal shipping for weeks.

Freight forwarders are cautiously optimistic about a preliminary US-Iran peace agreement, which could reopen the Strait of Hormuz.

Ships reported trading shots with pirates, including a 30-minute firefight, raising maritime security concerns.

Despite a US-Iran interim agreement, analysts predict a slow return to normal trade flows through the Strait of Hormuz

Two merchant vessels were attacked by armed skiffs off Yemen on Sunday, raising fresh concerns about maritime security.

A diplomatic announcement has been made, but a formal transit regime for the Strait of Hormuz has not been restored

Maritime organizations are advising shipowners to maintain vigilance regarding security in the Strait of Hormuz despite its reopening.

New piracy attempts off Yemen and Somalia underscore ongoing security threats to regional shipping, even with ceasefire talks.

The International Chamber of Shipping welcomes the US-Iran peace agreement, prioritizing the safe exit of 20,000 seafarers.

The Strait of Hormuz reopening and a US-Iran ceasefire have caused energy prices to fall and global equities to rally.

Japanese shippers cautiously welcome the US-Iran peace agreement to reopen the Strait of Hormuz, awaiting deal details and mine clearance

Asian shipping stocks rallied on news of a potential US-Iran ceasefire deal, but a return to normal navigation remains uncertain

Animal welfare groups petition EU Commission to halt live animal exports to Middle East war zones, citing lack of accountability

Commercial traffic in the Strait of Hormuz has fallen, with military activity and dark vessel operations increasing.

U.S. Secretary of State Marco Rubio defended American actions in the Strait of Hormuz after India protested the deaths of three Indian…

US forces are escorting oil tankers through the Strait of Hormuz at night, enabling significant oil transit after mine removal

Geopolitical instability and the Iran war disrupted European energy markets in H1 2026, impacting LNG flows and raising gas prices