Skip to contentHome page Seeking Alpha - Power to InvestorsMar. 04, 2026 5:20 AM ETKBWP, IAK, KIEMarkit3.7K FollowersCommentsShips wanting to pass through the Strait of Hormuz are finding it almost impossible to buy hull war cover following the conflict between Iran and the US and Israel.The Strait, a narrow stretch of water connecting the Persian Gulf and the Gulf of Oman, is a key shipping lane through which roughly 20% of the world's seaborne oil and gas is transported.Hull war insurance prices for the Gulf were around 0.25% of a ship's value before the fighting broke out, according to several news reports.Andrzej Rostek/iStock via Getty ImagesShips wanting to pass through the Strait of Hormuz are finding it almost impossible to buy hull war cover following the conflict between Iran and the US and Israel.The Strait, a narrow stretch ofThis article was written byMarkit3.7K FollowersIHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.Comments