When will Strait of Hormuz be ‘safe’ for commercial shipping again?
Author: Yashraj SharmaPublished on: April 28, 2026Country: Iran
PoliticsBusiness & Economy

Since the start of the US-Israel war on Iran, the Strait of Hormuz has become a chokepoint for the global economy, with about 2,000 ships stranded in the Gulf. Even if the strait reopens, obstacles will remain, including mines believed to have been laid by Iran, leading maritime insurers to cancel 'war risk' insurance. Insurance premiums could rise from 0.25% to 5% of hull value due to ongoing risks.
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