

The Impact of the Strait of Hormuz Disruption on Global Shipping
As a result of the joint Israeli and US strikes on Iran in early March, the Iranian government has taken a retaliatory step and announced the de facto closure of the Strait of Hormuz, an extremely vital shipping route. With around 3,000 vessels passing through this important seaway each month, the disruption creates significant challenges for the global shipping industry, particularly regarding commercial shipping operations, maritime law and marine insurance risk allocation.






