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As the U.S.–Iran war intensified on Thursday, more oil tankers came under attack in Gulf waters, while Iranian drones crossed into Azerbaijan—raising fears that the conflict could spill over and pull more of the region’s major oil producers into the crisis.
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As the U.S.-Israeli air campaign against Iran intensified on Monday with no clear end in sight, attention quickly turned to a new frontline: the airline industry.
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Marine insurers are pulling war-risk coverage for vessels as the escalating conflict with Iran rattles global shipping lanes. With at least three tankers damaged, one seafarer confirmed dead, and roughly 150 ships stranded near the Strait of Hormuz, oil shipping rates are poised to climb even higher—intensifying pressure on an already fragile energy market.
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Israel and Iran’s conflict is increasingly shifting to cyberspace, intensifying a decades-long shadow war of hacking and espionage between two cyber powerhouses.
As the U.S.–Iran war intensified on Thursday, more oil tankers came under attack in Gulf waters, while Iranian drones crossed into Azerbaijan—raising fears that the conflict could spill over and pull more of the region’s major oil producers into the crisis.
