Geopolitics

Saipem (SPM IM) CEO says Co. plans ten inbound crossing of the Strait of Hormuz in H2, will wait for a safe window to conduct them

StockNow breaking-news AI analysis

Saipem plans 10 Hormuz crossings in H2 2026 by timing safe windows, despite a 90% traffic drop and critical security threats including 61 attacks and rising insurance costs.

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