Could a $20 billion dollar insurance scheme get more Hormuz ships moving?
We'll ask if it's enough to get crews back to work
World Business Report · BBC World Service
March 11, 202626m 18s
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Show Notes
A $20 billion push is now on to get tankers moving through the Strait of Hormuz. Meanwhile, Middle East tourism suffers as flights are cancelled, and skies remain closed. And how tens of thousands of people are kidnapped for ransom each year.
(Picture: An LPG gas tanker at anchor in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. Credit: REUTERS/Benoit Tessier)