
GeneralNews Archives - Insurance Journal
Hormuz Traffic Thins Friday as Shipowners Err on Side of Safety
Jun 19th, 2026 • 5 min • View Source
Traffic through the Strait of Hormuz appeared to thin early on Friday, just a day after a burst of oil flows through the waterway as the US and Iran vowed to lift a dual blockade. No tankers were seen moving …
Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.
Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.