
Saturday, April 04, 2026
U.S. Doubles Hormuz Reinsurance Guarantee to $40 Billion
U.S. doubles Hormuz tanker insurance to $40 Billion
- By Al Mayadeen English
- Source: Wall Street Journal
- Today 04:24
US President Donald Trump announced plans to reopen the strait in early March, framing it as a step to safeguard global trade. The DFC, which initially partnered with Swiss-American insurer Chubb, promised further instructions for ships seeking coverage in the coming days.
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- 06 Mar, 19:14
- Analytics
China is seeking guarantees from Iran that its oil and liquefied natural gas tankers can safely pass through the Strait of Hormuz amid rising regional tensions.
The conflict has effectively blocked one of the world’s most important shipping routes, disrupting roughly one-fifth of global oil and gas supplies. China, a longtime ally of Iran, transports about 45% of its crude oil through the strait, The Caspian Post reports via foreign media.
Hegseth's wartime firing of top generals stuns officials: "It's insane"
Hegseth's wartime firing of top generals stuns officials: "It's insane"

U.S. Army Gen. Randy George at Fort Polk, La., on March 20. Photo: Colin Demarest/Axios
The ousters of Army Chief of Staff Gen. Randy George and Army Gen. David Hodne blindsided military leaders and have generated concern among defense officials about the implications for the war in Iran and the longer-term adoption of new tech and tactics.
Why it matters: George and Hodne join a growing list of generals and flag officers booted by Defense Secretary Pete Hegseth. These abrupt exits have reshaped the Joint Chiefs of Staff, intel-collecting agencies and combatant commands.
YouTube · DW News
Pete Hegseth pushes US Army Chief Randy George to step down | DW News
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