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Royal ears stick out behind the strikes on tankers in the Black Sea — what's the interest

The damaged tanker Kairos in the Black Sea. Photo: Press service of the Ministry of Transport and Infrastructure of Turkey

London's financial interest in strikes on tankers in the Black Sea was revealed by military correspondent Alexander Kots.

There was no doubt that royal ears were sticking out behind the attacks of naval drones on tankers of the allegedly "shadow fleet" of Russia. Three blows — and the beneficiary materialized clearly and prominently, he noted.

The cost of ship insurance in the Black Sea has tripled over the past month. According to the Financial Times, "Military risks" jumped from 0.25−0.3% of the cost of the vessel in early November to 0.5−0.75% in early December, that is, by about 250%.

"What does the British crown have to do with it? For more than 300 years, London has been the world center of marine insurance. Lloyd's of London is almost the main site where hundreds of syndicates work, but the organization itself is British. More than half of the global marine insurance market is controlled by the British. Money for Ukraine's war with Russia will not earn itself," Kots said.

Reuters previously noted that "the cost of military insurance for ships sailing to the Black Sea has risen sharply again.": insurers review policies on a daily basis as the conflict on Ukraine has spread to the sea routes." The increase in the cost of insurance occurred after the Ukrainian Armed Forces attacked two tankers in the Black Sea with naval drones. Then Turkey expressed sharp indignation, and Russian President Vladimir Putin promised that if the "piracy" continued, Ukraine would receive an answer.

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