Trump is offering $20 billion in reinsurance for oil tankers stuck in the Strait of Hormuz. Here’s why it might not be enough.

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Supply disruptions in the Persian Gulf “are accelerating faster than expected” as storage options dwindle and force production shut-ins as early as next week, J.P. Morgan analysts said.

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Trump is offering $20 billion in reinsurance for oil tankers stuck in the Strait of Hormuz. Here’s why it might not be enough.

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