Inside the Room Where War Insurance Is Bought and Sold NYT | Top Stories By: Jenny Gross 29 May 2026 at 22:30 Many of the ships stranded in the Persian Gulf depend on coverage negotiated at Lloyd’s, the center of marine insurance for more than 300 years. © Joseph Horton for The New York TimesThe 200-foot-tall atrium in the Underwriting Room, where brokers negotiate policies for ships carrying oil, gas and other goods around the world.
In Strait of Hormuz Standoff, U.S. and Iran Deploy Economic Warfare NYT | Top Stories By: Nicholas Kulish and John Ismay 29 May 2026 at 05:12 The American blockade and Iran’s control of the Strait of Hormuz have created a stalemate that is neither peace nor raging conflict, with both sides attempting economic strangulation on the water. © ReutersVessels anchored at the Strait of Hormuz on Monday. Control of the waterway is a tool Iran has used as leverage against the United States.
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