Event Brief
Mar 26, 2026 at 4:07 PM ET
Bessent Announces Hormuz Shipping Insurance Program
By The BriefBrief
Treasury Secretary Scott Bessent states a US insurance program for shipping in the Strait of Hormuz will commence soon.
WHO: Scott Bessent
WHAT: Announcement of a US insurance program for shipping
WHEN: Mar 26, 2026 at 12:26 PM ET
WHERE: Strait of Hormuz
WHY: To boost shipping and revive oil and gas supply flows
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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