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War risk marine rates ‘rise tenfold’

The June 13 tanker attacks in the Gulf of Oman will be excluded from standard P&I cover if they are ultimately determined to be acts of terrorism, the UK P&I Club says

Latest: The Gulf of Oman attacks spurred `monstrous' volumes traded in freight futures, which reached the highest since 2014, with volatility pushing front-month rates 19 percent higher over two days, according to the London-based Baltic Exchange

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