Originally Posted by sailingfun;[url=tel:4008746
4008746[/url]]The straight is effectively shut down. All maritime insurers have withdrawn coverage. There are already 750 ships holding out waiting on insurance coming available.
Originally Posted by ThumbsUp;[url=tel:4008773
4008773[/url]]I did see that the government will insure those tankers, but I doubt there will be a lot of takers until Iran is neutralized.
This right here. Iran didn’t shut down the SOH, the insurance companies did. Bandar Abbas is basically scrap metal, 90% of their brown water Navy is now sunk, they don’t have the capability to genuinely close the straight, but they can harass some stragglers. It’s just about appeasing the insurance companies and things will start moving again.