Defending Ukraine3d ago

#RUSI:
Why the US’s Financial Efforts to Keep the Hormuz Strait Open Failed

https://www.rusi.org/explore-our-research/publications/commentary/why-uss-financial-efforts-keep-hormuz-strait-open-failed

The US government tried to provide political risk insurance and guarantees to shipping and energy firms operating in the Gulf in an effort to keep the Hormuz Strait open. Here is the story why the scheme did not work.

Why the US’s Financial Efforts to Keep the Hormuz Strait Open Failed

The US government tried to provide political risk insurance and guarantees to shipping and energy firms operating in the Gulf in an effort to keep the Hormuz Strait open. Here is the story why the scheme did not work.

Show threadBecca

@ukrdef what is "political risk insurance"

actuarial math is well understood, and im failing to see how the US is offering any pool of shared risk that could be stretched into "insurance"

Apr 2 at 4:47pmWeb