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  • U.S. Unveils $20B Reinsurance Plan to Keep Gulf Oil Flowing

    U.S. Unveils $20B Reinsurance Plan to Keep Gulf Oil Flowing

    March 09, 2026 | 08:55pm

    The Trump administration unveiled a $20 billion reinsurance program designed to jump-start shipping through the Strait of Hormuz, where traffic has nearly ground to a halt amid U.S. and Israeli strikes on Iran.
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