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Supertanker insurance through the Strait of Hormuz reaches tens of millions of dollars

Total's CEO says ensuring a supertanker transiting the Strait of Hormuz now costs tens of millions of dollars.

By DoomRadar · Published on DoomRadar .

Why it matters

Higher shipping insurance costs signal elevated risk and could increase energy transport costs through a vital chokepoint.

Related source links

These links were collected with this event. Recorded source dates may reflect when a link was found. Article publication dates are shown only when available from the source. Open the originals for their full context.

  1. Ensuring a Supertanker Goes Through The Strait Of Hormuz Now Costs Tens Of Millions, Total CEO Says ↗ibtimes.com · Recorded source date: Aug 24, 2026, 7:32 PM UTC
  2. TotalEnergies CEO Reveals Cost To Move A Supertanker Through Hormuz ↗zerohedge.com · Recorded source date: Aug 25, 2026, 12:16 AM UTC

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Connected by topic or specific details. Dates below are publication dates; the articles may describe separate events.

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