London Marine Insurers Widen Middle East Threat Zone

LONDON, May 17 (Reuters) - London's marine insurance market has extended the list of waters deemed as high risk to include Oman, the United Arab Emirates and the Gulf after ship attacks off Fujairah, officials said on Friday. The London insurance market's Joint War Committee issued a statement saying the additions detail areas of perceived enhanced risk for marine insurers … [Read more...]

Insurer Says Iran’s Guards Likely Organized Tanker Attacks

By Jonathan Saul and Gwladys Fouche LONDON/OSLO, May 17 (Reuters) - Iran's elite Revolutionary Guards (IRGC) are "highly likely" to have facilitated attacks last Sunday on four tankers including two Saudi ships off Fujairah in the United Arab Emirates, according to a Norwegian insurers' report seen by Reuters. The UAE, Saudi Arabia and Norway are investigating the attacks, … [Read more...]

U.S. Believes Iran Encouraged Tanker Attacks -U.S. Sources

By Mark Hosenball WASHINGTON, May 15 (Reuters) - U.S. officials believe Iran encouraged Houthi militants or Iraq-based Shi'ite militias to carry out Sunday's attacks on four tankers near the Strait of Hormuz, two U.S. government sources said on Wednesday. The sources, who spoke on condition of anonymity and who are familiar with U.S. national security assessments, said they … [Read more...]

Tanker Attacks Near UAE Expose Weaknesses in Gulf Arab Security

By Stephen Kalin, Alexander Cornwell and Dahlia Nehme RIYADH/DUBAI, May 15 (Reuters) - Attacks on Saudi tankers and other vessels off the coast of the United Arab Emirates this week expose vulnerabilities in the security of a key oil-shipping route amid rising tensions between the United States, Iran and Gulf Arab states. The operation near the Strait of Hormuz appeared … [Read more...]