CAIRO (AP) — Temperatures in the Middle East have risen far faster than the world’s average in the past three decades. Precipitation has been decreasing, and experts predict droughts will come with greater frequency and severity. The Middle East is …
Marsh, one of the world’s largest insurance brokers and risk advisers, has seen a spike in clients’ inquiries for political violence cover in the Gulf after attacks on tankers and oil installations rattled the region last year, an executive said. …
The cost of insuring tankers to ship Middle East crude looks set to jump after a second spate of attacks on vessels in the region in just over a month underscored escalating tensions in the oil-exporting region. A so-called “additional …