US vows insurance, escorts as oil, gas flows disrupted

• Crisis deepens as US sub sinks Iranian warship off Sri Lanka, killing 87 • Hormuz shipping paralysed for fifth day; traffic plunges 90pc • Major shipping firms halt transits; insurers withdraw war-risk cover • Qatar halts LNG liquefaction; S. Arabia reroutes crude via Red Sea LONDON: The US Iran war widened on Wedne­sday after a US strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralysed shipping through the Strait of Hormuz for a fifth day and choked off vital Mid...

By none@none.com (Agencies)