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Emirates adds War Cover amid gulf rebound
The product includes medical coverage for conflict-related...
US and Iran presidents sign ceasefire agreement, but Trump says he could still resume attacks
The memorandum includes an immediate end to the war on all fronts,...
Shipowners eye Hormuz return with cution
News of a long-awaited agreement between the US and Iran and the prospect of ending a double blockade drove Brent oil futures down almost 5%. But those ferrying crude and gas around the world are still questioning what exactly a reopening — which US President Donald...
Scouring the Strait of Hormuz for mines could take weeks
Even the possibility of mines could deter companies. A supertanker and its cargo of crude are worth about $300 million, so war risk underwriters, oil and tanker companies would need assurances that passage is safe before they attempt to pass through the strait,...
Iran, US agree to halt war and reopen Hormuz
Trump said the Strait of Hormuz, a major shipping route for global oil and gas supplies that Iran has effectively shut for months, would open on Friday, and that he had ordered the end of a U.S. blockade of Iranian ports. DUBAI/BEIRUT:The U.S. and Iran said they...
US, Iran reach preliminary agreement to end war, signing set for Friday
Donald Trump,U.S. President Trump said the Strait of Hormuz, a major shipping route for global oil and gas supplies that Iran has effectively shut down for months, would open on Friday, and that he had ordered the end of the U.S. blockade of Iranian ports....
AI risks are here, time for tough rules: Anthropic CEO Dario Amodei
Dario Amodei,CEO,Anthropic To ensure AI develops safely, Amodei identified five key policy areas that need to be rethought: regulation and public safety, macroeconomics and taxation, scientific innovation, the balance of power between governments and citizens, and...
US, Iran inch closer to deal, timing remains unclear
Trump wrote on Truth Social that after a framework deal is signed, the Strait of Hormuz, a vital artery for global oil supplies that Iran has blocked, would immediately be "open to all." WASHINGTON/DUBAI: U.S. and Pakistani leaders forecast a Sunday signing of a...
Anthropic suspends Fable 5, Mythos 5 AI models globally following US govt directive
Fable 5, released Tuesday, is a locked-down version of Mythos 5, a cutting-edge AI model that Anthropic has held back from the public amid concerns that it had unprecedented abilities to identify software vulnerabilites -- or holes in code that hackers could exploit....
Aon appoints Steve Dando chief broking officer for Global Broking Center
In partnership with Aon teams around the world, the GBC provides insight-driven risk transfer advice, advanced placement solutions, proactive market insight and claims expertise to drive enhanced outcomes for clients. Dublin:Aon plc today appointed of Steve Dando as...
Iran declares Hormuz closed to all vessels after US strikes
"Effective immediately, due to insecurity in the region, the Strait of Hormuz is declared closed to all vessels, including oil tankers and commercial ships.Any vessel attempting to transit the strait will be targeted," the IRGC said Iran's Islamic Revolutionary Guard...
Commercial vessel attacked off Oman: 3 Indian crew missing
The US Central Command acknowledged the strike on the vessel saying it violated the ongoing US blockade of the Iranian ports by attempting to transport oil from Iran. New Delhi:India on Wednesday summoned the United States charge d'affaires to strongly protest a US...