Financial Ports

Iran’s Blacklist Threatens 77 Ships—and Now Insurers Too

CLAVE 1 / 4Iran’s Persian Gulf Strait Authority has expanded its blacklist to 77 vessels, up from 45 in August.

CLAVE 2 / 4The latest threats now target insurance companies, P&I clubs, and classification societies providing services to listed ships.

CLAVE 3 / 4Transits through the Strait of Hormuz have fallen to single digits per day, despite little industry compliance with the edicts.

CLAVE 4 / 4Brent crude hit $106 amid escalating tensions, while U.S. crude slipped below $102 on Monday.

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