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Finance & Markets

Insurer Rolls Out Policy to Protect Data Centers Against Growing Backlash

Intensifying public pushback against artificial intelligence data centers is spurring a new line of business for a New York-based boutique insurer. Arbol, which was founded by a former Citadel strategist, on Tuesday launched a new policy that protects data center …

Insurer Rolls Out Policy to Protect Data Centers Against Growing Backlash

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

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Shipping Crisis Forces Asian Crude Buyers to Use Smaller Tankers

Record-high freight costs are changing the behavior of Asian buyers who are increasingly using smaller tankers and ships under long-term charter deals to pick crude oil supply, refining and trading…

  • Asian crude buyers using smaller tankers due to record-high shipping costs
  • Freight charges surge to record highs from Iran conflict and Strait of Hormuz congestion
  • European refiners opting for nearby volumes to avoid high tanker rates

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