Tag: soar

  • Gulf insurance costs soar 12-fold despite Trump guarantee

    Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The cost of insuring a ship sailing through the Strait of Hormuz has soared 12-fold, even after Donald Trump vowed to backstop trade through the key oil chokepoint. Shipowners have been quoted millions read more

    Gulf insurance costs soar 12-fold despite Trump guarantee