Oil flows resume through Hormuz as insurers stay waryExecutive summary: Oil flows have resumed through the Strait of Hormuz after the US lifted its naval blockade and Iran signed a 14‑point agreement, though insurers remain cautious. Restart of Hormuz shipments reduces geopolitical risk premium in oil markets and signals a possible increase in Iranian crude supply. United States, Iran, tanker operators, insurers Gradual increase in oil shipments contingent on insurer confidence and ongoing diplomatic engagement.The United States has ended its naval blockade of the Strait of Hormuz and Iran has signed a 14‑point memorandum, allowing tankers to pass. Insurers continue to exercise caution, pending further clarification of liability and coverage terms.Connected developmentsTraders Bet on Return of Iranian OilIran Reiterates Blocking of Hormuz StraitOpen the full case file on Beyond →
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