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Comment by flowerthoughts

2 hours ago

If this was open to non-Iranian shipping companies, it would be some Trump-level trolling. The aggressor that starts threatening tankers becomes the protector mobster, using non-USD as a middle finger. The US/Israel can't really start shooting at tankers without becoming the villain no one can accept. They're already low on trust capital everywhere.

So the few payouts for normal claims would be dwarfed by the war insurance premium currently being charged. They could even offer a discount to loyal clients and still have insane margins.

Yeah, I don't see how the US is coming out ahead in this conflict. Israel might have won some against their adversaries, setting them back a while or two.