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Tag: maritime freight costs

Premium Shockwave: War-Risk Hikes Trigger Global Food and Fuel Shortages

Catherine Austin Fitts, in an interview clip, asserts that Lloyd's of London insurance decisions by the City of London effectively shut down shipping through the Strait of Hormuz, creating global energy shortages and famine conditions rather than direct Iranian blockade. Amid March 2026 Iran conflict escalation, Lloyd's dramatically hiked war-risk premiums for Gulf tankers, causing…

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