Insurance for SHIPS has gone up by 5X – 7X, because of the US-Iran war and the dangers of saling past the Strait of Hormuz.

If this continues, I predict that the next iPhone 18, which will be released in September 2026, will cost slightly more.

Trump has said that an agency of the US Government called as the - - "Development Finance Corporation (DFC)" will provide “shipping insurance at normal rates.”