GULF REGION

The United States has announced a plan to insure maritime losses in the Gulf region, offering up to $20 billion in coverage. This move aims to give oil and gas shippers more confidence amid tensions with Iran. The initiative follows a halt in tanker traffic through the Strait of Hormuz, where norma

The U. S. International Development Finance Corporation has announced a $20 billion initiative aimed at protecting maritime trade in the Gulf, especially against war risks. The plan was approved by President Trump and involves close work with U. S. Central Command to give confidence back to ships sa