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03.03.26 - 19:36
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Oil Tumbles As Trump Considers Insurance Aid For Tankers (ZeroHedge)
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Oil Tumbles As Trump Considers Insurance Aid For Tankers
The price of crude instantly tumbled on Tuesday after the Trump administration is reportedly considering providing, or assisting in obtaining insurance for oil tankers crossing through the strait of Hormuz.
According to Reuters, "U.S. President Donald Trump will review policy options on Tuesday aimed at controlling energy prices following recent attacks linked to Iran, including a proposal to help oil tankers transiting conflict zones to obtain insurance, according to two sources familiar with the matter."
Ships have been frozen on either side of the strait after insurers instituted "war policies" that wouldn't pay out.
Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran conflict intensifies with Tehran attacking ships passing through the Strait of Hormuz.
The immediate reaction was a plunge in crude prices...
And as...
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03.03.26 - 04:00
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Quantum-Safe by Design: Why Hong Kong′s Financial Sector Must Act Before the Quantum Era Arrives (SCMP)
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[The content of this article has been produced by our advertising partner.]
Quantum computing is no longer a distant theoretical risk. Financial institutions in particular face a narrowing window to strengthen cryptographic resilience before large-scale quantum computers arrive. The challenge is not only about future algorithms. It is about decisions being made today and how cryptography is implemented and managed over time.
A key concern is “harvest now, decrypt later.” Encrypted financial data......
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