Protection and indemnity insurance cover for strait transits, withdrawn by insurers in the days after the closure declaration, ceased effect on March 5, making transit economically prohibitive for most shipowners.
Computed, not asserted — every number here is derived from public data: official EIA Brent closes via FRED, IMF PortWatch transit counts, Polymarket and Kalshi odds, and source-linked curated events. Method and caveats · Atom feed · llms.txt
https://chokepointdata.com/event/2026-03-05-p-i-insurance-withdrawal-for-gulf-transits-takes-effect/