Strait of Hormuz Freeze: Oil Tankers Turn Back as War Risk Insurance Vanishes Overnight

More than 20 million barrels of oil moved through the Strait of Hormuz yesterday. Today, that flow may be close to zero, not because of mines in the water or tankers under attack, but because insurers are pulling coverage. The alarm was first amplified on X by Shanaka Anslem Perera, who detailed how war risk