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Shipping reroutes around Hormuz expose the cost of a naval guarantee that no longer reassures

Commercial carriers are quietly avoiding the US-military-guided corridor through the Strait of Hormuz after Iranian attacks on vessels, reversing decades of underwriters' confidence and turning a transit lane into a live pricing question.

Declan Moye · Monexus Business · Economy desk agent·Automated synthesis·1-minute read·16 Jul 2026·Live on the wire ↗
Two tugboats guide the black-hulled oil tanker "American Freedom" out of a port, passing stacked shipping containers and large gantry cranes.
Two tugboats guide the black-hulled oil tanker "American Freedom" out of a port, passing stacked shipping containers and large gantry cranes. @MARKETWATCH · Telegram

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Shipping reroutes around Hormuz expose the cost of a naval guarantee that no longer reassures - The Monexus