Container line CMA CGM has suspended all bookings to the Middle East due to attacks on crude oil facilities and tanker traffic in the Persian Gulf. **CMA CGM** joins other global shipping companies in halting operations in the region. Reports indicate six oil and gas vessels have been damaged. The **Athena Nova**, a UAE-operated asphalt tanker, was hit by drones and is sinking. The **Stena Imperative**, a US-registered tanker, was attacked in Bahrain, resulting in one fatality and two injuries. CMA CGM has suspended bookings to ports in Bahrain, Kuwait, Qatar, UAE (except Fujairah and Khor Fakkan), Saudi Arabia (except Jeddah, King Abdullah Port, Yanbu, NEOM), and Iraq (Umm Qasr). Other companies like Maersk and MSC have also adjusted services, particularly for refrigerated and hazardous goods. Hapag-Lloyd has halted all Hormuz Strait transits. The **EOS Risk Group** reports attacks on UAE's Fujairah oil tanks and Oman's Salalah and Duqm ports. Saudi Aramco has paused production at Ras Tanura, and LNG production at Ras Laffan is shut down. The daily charter rate for VLCCs has surged from $151,000 to over $400,000. Iran threatens to cut off all oil transport in the Gulf, which accounts for 20% of global seaborne oil trade. The International P&I Club, insuring 90% of global shipping tonnage, has issued 72-hour war risk insurance cancellation notices, leading to questions about the viability of such insurance.