Scenario Presets
Calibrated models
Transit Posture / Chokepoint Gate
40% Disrupted
Lloyd's / Joint War-Risk Surcharge
+420% Premium
Hull breach warranties: At >500% underwriters invoke cancellation clauses.
Bypass Pipeline Operating Push
85% Utilized
ADCOP (Fujairah 1.5 mbpd) + Saudi East-West Petroline (to Yanbu).
Naval Protection Envelope
Sanction Leakage & Dark Fleet
1.6 mbpd Active
Chinese teapot & non-dollar insured barter trades circumventing Western bans.
Analytical Intelligence Brief:
Underwriters have activated the War-Risk Clause. While Iran lacks the continuous surface fleet to physically dam the 21-nautical-mile strait, maritime commercial insurers have rendered commercial transit unviable for Western-flagged VLCCs without sovereign war guarantees.