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  "path": "/economy/2026/06/03/insurance-not-oil-is-becoming-the-iran-wars-biggest-trade-shock/",
  "publishedAt": "2026-06-03T18:56:02.000Z",
  "site": "https://meobserver.org",
  "tags": [
    "Economy",
    "Energy Markets",
    "Geopolitical Risk",
    "global economy",
    "Global trade",
    "Inflation",
    "Iran War",
    "Lloyd's of London",
    "logistics",
    "Maritime Security",
    "Reinsurance",
    "shipping",
    "Strait of Hormuz",
    "Supply Chains",
    "Trade Costs",
    "War Risk Insurance",
    "Insurance, Not Oil, Is Becoming the Iran War’s Biggest Trade Shock",
    "The Middle East Observer"
  ],
  "textContent": "For much of the conflict between Iran, the United States and Israel, global markets have focused on oil. Every military escalation has triggered speculation about energy supplies, while every ceasefire report has pushed crude prices lower. Yet a quieter market may be delivering a more important signal about the war’s economic consequences. Insurance. Over the […]\n\nThe post Insurance, Not Oil, Is Becoming the Iran War’s Biggest Trade Shock appeared first on The Middle East Observer.",
  "title": "Insurance, Not Oil, Is Becoming the Iran War’s Biggest Trade Shock"
}