Economy
Shipping Insurance Premiums Plummeting: Domino Effect on LNG and Oil Trade
724FinanceRüzgar Ersoy

Regional tensions in the Middle East have led to a sharp decline in shipping insurance premiums, dropping between 0.2% and 0.4%. The Turkish Port Operators Association reported that war risk premiums have fallen as stability returns. However, the risk of a resurgence in premiums persists with potential new conflicts between Iran and the U.S./Israel. LNG shipments are expected to surge parabolically in 2026, while crude oil transport volumes remain volatile. The IMO's environmental regulations are projected to reduce maritime emissions in 2026.
Rising insurance premiums could trigger a domino effect in supply chains, particularly in fertilizer markets.