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Trump eyes US-backed insurance to curb oil prices amid Iran conflict

General • March 8, 2026

Trump eyes US-backed insurance to curb oil prices amid Iran conflict is drawing significant interest across the industry.

Oil tankers face insurance crisis in Strait of Hormuz as war-risk coverage disappears. President Donald Trump proposes government-backed insurance program.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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