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What role did Marine insurers play in halting Hormuz traffic?

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Traffic through the Strait of Hormuz declined by 80% within 24 hours of strikes being launched

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on Iran as ship owners and charters weighed whether to proceed with voyages.

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The insurance companies are saying, we ain't insuring that because we'd have to pay out.

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They don't get where they are paying out a bunch of payments to folks.

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But this past week, I guess this is what passes for a slow news week.

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We're actually able to take a moment and kind of assess what has been going on at a pretty quick rate.