Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- 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 ....
- Iran targets sites in Bahrain, Kuwait after wave of US strikes July 9, 2026Commercial shipping around the Strait of Hormuz is back in “going nowhere” mode, at least temporarily, after the three vessel attacks in 24 hours triggered major US strikes on ....
- US reinstates sanctions on Iranian oil sales after LNG, oil tanker attacks July 9, 2026The US Treasury Department’s Office of Foreign Assets Control (OFAC) on Tuesday July 7th issued General License X1, which revoked the broad sanctions relief granted just over two weeks ago ....
- Sinokor could be vulnerable to any interruption of supertankers moving crude out of the Persian Gulf July 9, 2026South Korea-based Sinokor has made a big play on the resumption of the traffic of crude in and out of the Persian Gulf, a move that has been extremely profitable for it ....
- Trump says he will cut off all trade with Spain July 9, 2026President Trump has added Spain to his current shopping list of Greenland and Cuba of countries where he wants change. Speaking at the ongoing summit of NATO leaders in Ankara ....