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US-Sanctioned Gas Tanker Sails Through Strait of Hormuz (finance.yahoo.com)

submitted 6 months ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[–] 52fighters@sopuli.xyz 3 points 6 months ago (1 children)

They are operating without insurance. That's really the hold-up on sailing through the strait. Most ships are waiting on the reissue of war risk insurance.

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[–] yogthos@lemmy.ml 12 points 6 months ago

They're absolutely operating with insurance. They're just insured outside the west.

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