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Macro Finance

Shipowners Offer Huge Bonuses to Get Crews to Sail Hormuz

Bloomberg Markets·July 20, 2026·1 min read

One shipowner is attempting to coax crews to sail through the Strait of Hormuz by offering them an extra six months pay if they're willing to cross the vital oil channel. The offer presents seafarers with a stark choice between large financial rewards and the risk of death.

Read at Bloomberg Markets
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