Trump Downplays Threats of Hormuz Mines, Touts Alternate Route

President Donald Trump downplayed the threat posed by Iranian sea mines in the Strait of Hormuz to commercial shipping, even as other US officials have warned of their dangers. Speaking to reporters on Wednesday, Trump said American forces had “swept …

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.