RiskEvents
ClosedLow impactAI Refreshed

Trump cancels planned military strikes on Iran

Occurred 9 Jun 2026·Detected 18 Jun 2026·
🇺🇸 Persian Gulf region / Iran91 reportsCAT 26AAEnded 30 Jun 2026
Political Violence & WarPolitical RiskEnergy & InfrastructureMarinePropertyMarine HullMarine CargoAviationEnergyTerrorism & Political ViolencePolitical RiskWar Risk

US President Trump cancelled scheduled military strikes on Iran on 11 June 2026, citing an imminent deal. Reports describe a de-escalation framework with a US-Iran memorandum of understanding and broader regional diplomacy, alongside an associated fall in oil prices. A reported US naval blockade and contested Strait of Hormuz status leave a residual tail of war-on-sea and marine transit exposure, while no physical damage to insured assets is evidenced.

AI-generated from linked source reports. See our correction policy.

Part of:Middle East Regional Conflict and Insurance Market Disruption (2026)(418 related events)

Impact verdict

Low impact. LOW: no source evidences a concrete London Market loss pathway (no named insured-asset damage, no confirmed port/waterway closure, no vessel or cargo loss, no claims estimate, no confirmed market pricing impact). Cancellation of planned action reduces rather than crystallises insured loss exposure. War risk, energy and Hormuz transit premium responses remain pricing-signal inferences. A residual naval blockade and contested Hormuz status preserve a thin tail of war-on-sea and marine transit exposure.

View assessment methodology

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Geographic Zone Matches

8 active matches

  • OFAC Sanctioned Countries
    Rule-basedConfidence 100%
  • TRIA Certified Areas
    Rule-basedConfidence 100%
  • JWC Listed Areas
    Rule-basedConfidence 100%
  • EU Sanctions List
    Rule-basedConfidence 100%
  • Iran (12nm coastal buffer)
    Rule-basedConfidence 100%
  • Pacific Ring of Fire
    Rule-basedConfidence 100%
  • Persian/Arabian Gulf, Gulf of Oman, Indian Ocean, Gulf of Aden and Southern Red Sea
    Rule-basedConfidence 100%
  • Caribbean Hurricane Zone
    Rule-basedConfidence 100%

Geographic zone matches are RiskEvents spatial/analytical indicators, not coverage determinations or Lloyd's official classifications.

Affected countries

🇦🇪 United Arab Emirates🇧🇭 Bahrain🇪🇬 Egypt🇮🇱 Israel🇮🇶 Iraq🇮🇷 Iran🇯🇴 Jordan🇰🇼 Kuwait

+6 more

Lloyd's classifications

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