Trading in turbulence: How geopolitics is redefining global risk

As geopolitical tensions intensify across West Asia, global trade dynamics are undergoing a structural shift, with political risk insurance (PRI) emerging as a critical safeguard for businesses navigating an increasingly volatile environment. Trade flows, once dictated largely by economic fundamentals, are now deeply influenced by geopolitical flashpoints. The ongoing instability in West Asia, particularly around key maritime corridors such as the Strait of Hormuz and the Red Sea, has amplified concerns over supply chain disruptions, rising freight costs, and delayed shipments.