Mounting risks set to have a serious impact for companies globally
Insurers are bracing for heightened volatility in the Middle East following the abrupt redeployment of the USS Nimitz aircraft carrier away from the South China Sea and towards the Gulf region, amid escalating hostilities between Israel and Iran.
The vessel had been slated to dock in Vietnam this week, but its scheduled visit was canceled due to what American diplomats described as “emergent operational requirements”. While no official confirmation has been issued regarding its precise destination, defense analysts widely interpret the shift as a strategic repositioning in anticipation of further conflict in the Gulf.
The move comes as military activity intensifies in and…