President Trump is offering political risk insurance to tankers operating near Iran amid ongoing tensions in the region. This move aims to provide financial protection for vessels navigating potentially hazardous waters as the situation around the Iran conflict continues to evolve.

Jatin Dua, director of the Oceans Lab at the University of Michigan, joined “The Daily Report” to discuss the implications of this policy. He provided insights into how political risk insurance might impact maritime operations and the broader geopolitical landscape surrounding Iran.
https://www.cbsnews.com/video/professor-explains-insurance-strait-of-hormuz-trump-offers-tankers/