Gas Prices, Tanker Insurance and the Strait of Hormuz | March 2026

Your next trip to the gas station is about to get a lot more expensive—and it’s not just because of the conflict in the Middle East. We are looking at a "de facto" blockade of the Strait of Hormuz that is being driven by a factor the mainstream news isn't talking about: Insurance. In this update, we break down why 150+ oil tankers are currently "sitting ducks" and how the denial of maritime war-risk insurance could send oil prices soaring toward $100 a barrel.