Executive Summary – Why Insurance Markets Collapse Maritime Trade: OSINT Shadow Fleet Doctrine As of May 10, 2026, the conclusion of Operation Epic Fury has transitioned the global maritime conflict from a kinetic exchange to a systemic “pricing shut” of strategic chokepoints. Analysis of the Strait of Hormuz closure (Feb–May 2026) confirms that maritime trade … Leggi tutto The “Hormuz Playbook” in the Baltic and Black Seas: Geopolitical Risk and the Future of Maritime Chokepoints (2026–2031)