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Chubb set as main U.S. insurer for Persian Gulf shipping amid Iran war

eriinfo.com3 hours ago07 mins

Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Stringer | Reuters Insurance giant Chubb will be the lead underwriter for a U.S. government-led program to provide insurance…

Africa

Africa: AUC Raises Alarm Over Escalating Tensions in the Persian Gulf

eriinfo.com2 days ago04 mins

Addis Ababa — The African Union Commission (AUC) has voiced deep concern over the rising tensions in the Persian Gulf, warning that recent incidents targeting key infrastructure could threaten regional stability and disrupt the global economy. Chairperson of the Commission, Mahmoud Ali Youssouf, said the AUC is closely monitoring developments in the Gulf as a…