
Trump Proposes Joint Control of Strait of Hormuz, Delays Strikes; Shipping Insurance Remains Costly
Donald Trump has proposed joint control of the Strait of Hormuz with Iran and announced a five-day postponement of strikes. Despite these efforts, insurance for freighters in the Persian Gulf remains very expensive, with the US government seeking help from Swiss insurer Chubb to address the issue.
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Donald Trump says Strait of Hormuz might be jointly controlled by him 'and the Ayatollah’
Trump on Monday announced a five-day postponement of strikes in the conflict that stems from US-Israeli strikes on Iran that has killed over 2,000 people.
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