Iranian targeting of shipping in the Arabian Gulf ‘changes the game’ by raising risks to new levels

Insurance and shipping leaders said specific targeting of UK and US crew by Iran has left the industry to grapple with escalating tensions between Tehran and the West.

Nick Busvine, a partner at the strategic intelligence firm Herminius, told The National the drive from Tehran to take British and American hostages while targeting commercial shipping in the Arabian Gulf “changes the game” for the insurance industry.

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Source: hellenicshippingnews.com

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