War Risk Premium

Russian crude oil exports fell by 12% in August, mainly due to fewer Black Sea loadings and decreased deliveries to India

High energy prices and strong US employment data are not boosting the dollar as much as expected, due to a positive global investment…

Oil prices are increasing due to persistent tanker attacks and geopolitical tensions in the Persian Gulf.

UK natural gas prices hit a three-and-a-half-year peak as US-Iran tensions escalate, threatening Persian Gulf energy supplies

Iran plans to introduce a new restricted maritime zone and a revised shipping corridor in the Strait of Hormuz.

China is escalating its military presence around Taiwan with expanded patrols, moving beyond the Taiwan Strait.

Iran's influence over global oil markets through the Strait of Hormuz is weakening as the US facilitates Gulf crude flow

Over 3,100 dark activity events and 171,286 vessels affected by GPS jamming in Q2 2026 underscore maritime security challenges

US Central Command disabled two and destroyed one Iranian tanker after an IRGC ballistic missile attack on US Navy ships.

Oil prices have risen above US$95/bbl due to increased US-Iran hostilities and Iranian missile launches in the Gulf.

Global shipping risk has risen to 8.3 due to concurrent crises in Hormuz, the Red Sea, and Black Sea, straining alternative routes

South Korea is reviewing military options to support navigation in the Strait of Hormuz, denying reports of a deployment decision

Strait of Hormuz disruptions are prompting longer clean tanker routes and shuttle operations, while new vessel deliveries threaten a…

Shipping stocks have rallied significantly, reaching over decade-highs due to the Strait of Hormuz crisis.

A Ukrainian drone attack ignited a major fire at Russia's Ust-Luga oil export port, escalating strikes on energy infrastructure

War risk insurance claims have exceeded $2 billion, driven by increased attacks on commercial shipping globally.

A service vessel near the Black Sea's CPC oil terminal, vital for Kazakh crude exports, was attacked by Ukraine

Persistent US-Iran tensions underscore Iran's ability to disrupt the Strait of Hormuz, a critical maritime artery for global energy trade

Deviations from normal vessel behavior, like AIS signal loss or cargo discrepancies, can signal potential maritime threats

Commercial shipping in the Strait of Hormuz remains severely depressed with single-digit vessel transits due to ongoing conflict.

Mitsui OSK Lines expects Strait of Hormuz disruptions to continue through year-end, raising risks for oil tankers.

Norway has seized a Russian vessel to enforce financial obligations owed to Ukraine's Naftogaz.

Middle East tensions are impacting LR2 tanker operations, leading to a shift from product to crude oil transport.

UK natural gas prices hit a 2023 high due to US-Iran attacks and supply fears regarding the Strait of Hormuz.

Saudi Arabia's crude oil exports dropped to a nine-year low due to increased Middle East tensions and tanker attacks.

Iran has expanded its blacklist of vessels, threatening fines or detention for non-compliant ships in the Strait of Hormuz

Commercial vessels in the Black Sea are deploying improvised anti-drone defenses due to escalating drone attacks.

Saudi Arabia claims an Iranian attack on a Bahri oil tanker in the Strait of Hormuz killed two Filipino sailors.

A tanker attack near the Strait of Hormuz injured two crew members as Iran expanded its non-compliant vessel blacklist.

US Treasury Secretary Scott Bessent predicts the Strait of Hormuz will lose its economic importance within two years.