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The U.S. says it has stuck a new agreement to provide up to US$20 billion in reinsurance coverage to ‘restore confidence in maritime trade’ amid the Iran war.
As Iran chokes Strait of Hormuz, U.S. vows $20B for maritime reinsurance
The U.S. says it has stuck a new agreement to provide up to US$20 billion in reinsurance coverage to ‘restore confidence in maritime trade’ amid the Iran war.