Tensions in the Persian Gulf are escalating as reports confirm military preparations near Kharg Island, prompting Iran to threaten closure of the Bab el-Mandab Strait. This geopolitical flashpoint endangers global oil supply chains and maritime security. International businesses face immediate risks regarding asset safety, insurance validity, and regulatory compliance within the region. The situation is […]
You can read the full story here: Iran Kharg Island Crisis: US Assault Plans and War Threats .