S6/10Geopolitical

Shipowners Offer Huge Bonuses to Get Crews to Sail Hormuz

One shipowner is attempting to coax crews to sail through the Strait of Hormuz by offering them an extra six months pay if they’re willing to cross the vital oil channel, offering seafarers a stark choice between large financial rewards and the risk of death.

20 Jul 2026, 16:22 UTCSource: Bloomberg MarketsOriginal source

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