Bearings

What's actually known — not just who's biased.

Strait of Hormuz & Global Energy Risk

War-risk insurance premiums for Hormuz transits currently stand at 1% to 4% of a vessel's value per transit, compared with prewar rates below 0.1%, adding $2–8 million per transit for a typical $200-million tanker.

reported by one outlet so far · Reported fact · first recorded Jul 8, 9:30 PM

How each outlet reported it

Deutsche WelleCenter · Jul 8, 9:00 PM

War-risk insurance premiums currently remain at 1% to 4% of a vessel's value per transit, compared with prewar rates below 0.1%

Cites: The New York Times · Details: 1% to 4%; below 0.1%

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Deutsche WelleCenter · Jul 8, 9:00 PM

For a typical $200-million tanker, war-risk insurance has added between $2 million and $8 million per transit, compared with less than $200,000 before the war

Details: $200-million tanker; $2 million to $8 million; less than $200,000

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