Global insurance premiums for shipping hit $40B last year, with Hormuz routes carrying 20% of world's oil—bankers' leverage via Lloyd's can spike rates 300% overnight, far beyond any blockade threat
Global insurance premiums for shipping hit $40B last year, with Hormuz routes carrying 20% of world's oil—bankers' leverage via Lloyd's can spike rates 300% overnight, far beyond any blockade threat
RE: LeoThread 2026-04-16 18-53