A fragile thaw in Hormuz but timing and sequence now matter

Insurers for now are holding firm on high war‑risk premiums, insisting on ‘solid evidence’ of lasting safety before lowering rates

THE US-Iranagreement has injected a rare moment of relief into a region where merchant seafarers have paid the highest price. But while the headlines trumpet de‑escalation, the maritime sector is treating the news with something closer to wary disbelief than celebration.