Gulf of Oman shipping insurance and transit premiums surge ~1,000% after regional attacks
- Shipping insurance and transit premiums through the Gulf of Oman spiked roughly 1,000%, with routings and surcharges rising sharply for container and tanker traffic. - Market fixes translated into about $3,000 per container surcharges and single‑digit percentage increases in reported ship valuations. - The surge reflects heightened Middle East risk, pushing rerouting and higher freight/insurance costs for global trade. (x.com) (x.com)