The economist Paul Krugman, a former New York Times columnist, said he believed most analysts had been “far too sanguine” about the effects of a prolonged Hormuz crisis.
The resurgence attacks linked to geopolitical tensions underscore a fundamental reality: Maritime security risks are not only logistical or financial concerns; they are human ones.
India expanded the pool of approved Russian
providers, alleviating the shortage of insurers to provide the liability coverage tankers carrying Russian oil need to legally enter its ports.