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Intertanko, the biggest trade organization for oil tanker owners, said it is “extremely worried” about the safety of crews in the region. (Photo: Simon Dawson/Bloomberg) Intertanko, the biggest trade organization for oil tanker owners, said it is “extremely worried” about the safety of crews in the region. (Photo: Simon Dawson/Bloomberg)

(Bloomberg) — The cost of insuring tankers to ship Middle East crude looks set to jump after a second spate of attacks on vessels in the region in just over a month underscored escalating tensions in the oil-exporting region.

A so-called “additional premium” that owners pay when sailing to the Persian Gulf is likely to rise with immediate effect, the Hellenic War Risks Club, an insurer, said in a notice on its website. Two oil tankers were attacked in the Gulf of Oman, just 32 days after four other carriers were targeted nearby. The region was designated as a listed area after those incidents, a classification that gives underwriters room to charge more.

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