RT by @RymMomtaz: if you pay a toll to Iran to go through the Strait of Hormuz shipowners will lose their insurance cover. London, 23 July 2026, this release from the LMA makes it

if you pay a toll to Iran to go through the Strait of Hormuz shipowners will lose their insurance cover. London, 23 July 2026, this release from the LMA makes it very clear: "The Lloyd’s Market Association (LMA) has published a new model clause for use by marine hull underwriters, addressing the position of transit fee, toll or other payments made in connection with vessels passing through the Strait of Hormuz. "The clause has been developed to provide clarity to the market on the insurance position where it has be