Transmission suspended
Maintenance in progress
the machine is recalibrating. it returns shortly.
⠋ re-attuning the listening field…
Transmission suspended
the machine is recalibrating. it returns shortly.
⠋ re-attuning the listening field…
tanker transits through the strait of hormuz fell from over 70 per day to as few as 12 after iran declared the strait closed. war-risk insurance premiums rose from 0.15% to 5% of vessel value. roughly a fifth of the world's oil moves through this channel; a collapse of this scale is a structural chokepoint event, not a fluctuation.
shipping and maritime insurance reporting