Bloomberg Surveillance · Monday, July 6, 2026
The ongoing conflict and geopolitical instability have led to permanently higher insurance risks and increased shipping costs, including higher tanker rates. These factors are directly linked to the uncertainty surrounding key shipping chokepoints like the Strait of Hormuz. Analyst Hendrid HiT suggests that any resolution or settlement will likely result in costs higher than before the recent escalation of tensions.
“So Iran has the ability here and is using different countries as an example of how to set up a toll, call it a climate assessment, an environmental fee, whatever you want to call it.”
“So you're going to see now a scramble to try to create alternatives to whatever choke.”
“And what I think for investor purposes is what this means, and particularly for the Federal Reserve chairman as they consider inflation is permanently, higher insurance risk permanently, and higher cost of doing this shipping, higher tanker rates, and those are all things that we're seeing across the board.”
“So whatever level. This settles at is almost guaranteed to be higher than it was before the President made the decision on February twenty eighth to start the bombing.”