Iran conflict fears ease but foreign firms advised to prepare for the worst

Funeral procession for Qassem Soleimani, a top Iranian commander killed in an American airstrike on 3 January

Foreign companies are being advised to prepare for ongoing volatility in the Middle East, but the risk of a wider conflict involving Iran appears to have receded for now, according to political risk experts. However, insurance premiums will rise exponentially in marine and other lines for companies operating in the region, according to law firm DWF Recent weeks have seen dramatic…

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