pi_circular Geopolitical riskOperational risk Skuld
Regional maritime security has deteriorated sharply, with authorities now assessing the threat level in the Gulf of Oman and Strait of Hormuz as critical following multiple confirmed attacks on merchant vessels. Heightened alerts from JMIC, UKMTO, MARAD, and the Norwegian Maritime Authority underscore an increasingly volatile operating environment, while parallel tensions in the Red Sea raise the prospect of wider, dual‑theatre disruption.
Maritime security update: Gulf Region / Strait of Hormuz and Red Sea
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