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Premiums likely rise following attacks on vessels, pipelines

Posted On: May. 16, 2019 6:23 AM CST

Tanker ship

Global insurance industry executives said that the recent attacks on Saudi Arabian oil tankers and pipelines will increase the cost of insuring and securing crude shipments in the Persian Gulf region, Middle East Insurance Review reported citing media sources. London's marine insurance market will meet today to assess the situation in the Middle East.

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