i suggest the USA offers tankers and cargo ships wishing to transit the Strait of Hormuz the following insurance:
1) do not use Lloyds of London
2) USA will insure passage of a ship at the price of whatever missiles or ammunition that had to be expended to protect the ship; i.e. if no ammunition was expended (including missiles), then passage is FREE!
That will break Lloyds.
Congratulations to @Fuezie and @NJFLA. Your questions were chosen for tonight’s Ask Greg and the Panelists.
@Fuezie What's the stangest thing you believed as a kid....?
@NJFLA Is there something you aren’t good at and wish you were?