'Floating armoury' ship reportedly seized by Iran
Iran Seizes Another Ship in the Gulf. This Has Happened Before. It Will Happen Again.
What Happened
Iran has reportedly seized a vessel described as a "floating armoury" — a ship that legally stores weapons for hire, used by commercial vessels transiting piracy-prone waters. The seizure occurred in or near the Persian Gulf/Strait of Hormuz region. Details remain preliminary, with "reportedly" i...
What's In Your Control
Whether you follow the diplomatic developments if you work in maritime shipping or have crew members aboard affected vessels. Whether you look up your investments' exposure to Gulf oil shipping rou...