Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- Trump says US and Iran have agreed to continue talks but that ceasefire is “over” July 13, 2026President Trump declared on Friday via social media that the June ceasefire between the US and Iran “OVER”. However, despite declaring the ceasefire over, President Trump ....
- Is there an internal struggle in Iran between hawks and doves? July 13, 2026Both the US officials engaged in technical discussions with Iran, and some Iranian statements over the weekend, appeared to be willing to hint that the Iranian attacks on three vessels ....
- IMO document rejects Iran’s claim of jurisdiction of Strait of Hormuz July 13, 2026Countries should resist and reject any efforts by Iran to assert a spurious sovereignty over the Strait of Hormuz, the International Maritime Organization (IMO) said on .....
- Oman-hugging SoH transit route little used in days since Iranian attacks on July 7th/8th July 13, 2026Tanker transits via the southern route, close to Oman, fell to single digits in the immediate aftermath of Iranian strikes on three vessels attempting a southern route crossing, plus .....
- Russia bans diesel exports after targeted Ukrainian drone strikes July 10, 2026An energy crisis in Russia is becoming impossible to hide after months of recurring attacks by Ukrainian drones on Russian refineries. On Wednesday the Russian government introduced ....
- US Court of Appeals upholds FMC decision on detention fees during port’s closure July 10, 2026The US Court of Appeals for the DC Circuit has upheld the decision by the Federal Maritime Commission’s (FMC) that an ocean common carrier’s detention fees, levied on a trucking .....
- Super El Niño: TT Club warns of systemic threat to global supply chains July 10, 2026Global transport and logistics mutual insurer TT Club has advised that supply chain operators worldwide should review their risk management and resilience strategies in the ....
- Russia-linked superyacht no longer a ‘frozen’ asset, Frankfurt court rules July 10, 2026The superyacht Dilbar (IMO 9661792), which was linked to the family of the Russian billionaire Alisher Usmanov, could no longer be considered a “frozen” asset under the ....
- Ukraine says it hit eight fuel tankers supplying Crimea July 10, 2026The “Unmanned Systems Forces of the Armed Forces of Ukraine” (i.e., UAVs, seadrones) hit all eight of the vessels that Russia was currently using to supply fuel to Crimea, annexed by ....
- Trump says interim deal with Iran is ‘over’ July 9, 2026The US launched strikes on Iran late Tuesday / early Wednesday July 7th/8th, with Iran hitting back in turn at US bases in Bahrain and Kuwait ....