STRAIT RESTRICTED Day 89 of disruption
CLOSED SEVERITY 10/10 Since Feb 28, 2026

Strait of Hormuz — Crisis Monitor

Commercial shipping suspended through the Strait of Hormuz

Disruption Duration
89 : 20 : 09 : 40
DaysHoursMinSec
Severity
10/10
Ships Today
2
vs 60 normal
Daily Throughput
50%
5.0M / 10.0M DWT
Carriers
9/9
Suspended
Pipeline Coverage
35%
of normal flow
War Risk
3%
20x normal

Energy Prices

Live from exchange feeds
Brent Crude
$116.73
+1.23 (1.06%)
WTI Crude
$113.40
West Texas Intermediate
EU Gas (TTF)
€52.80
Dutch TTF Hub
US Gasoline
$4.44
National Average
Pre-Crisis Brent
$74.50
Pre-Crisis WTI
$72.30
Pre-Crisis TTF
€28.50
Pre-Crisis Gas
$3.20

Tanker Spot Rates

VLCC TD3C Current
100 WS
+100% vs pre-crisis (50 WS)
Ras Tanura → East
VLCC
Pre-Crisis Current

Peace Talks & Diplomacy

IN PROGRESS May 24, 2026

Beijing-mediated talks resume

Emergency summit as global pressure mounts for strait reopening.

IranSaudi ArabiaUAEOmanChinaUS

Stranded Vessels

45
Total
28
Tankers
17
Bulk/Other
+2 today

Global Trade Impact

21%
World Oil at Risk
$2.80B
Daily Cost
25%
World LNG at Risk
+85%
Shipping Rate Increase

Most Exposed Nations

Key Disruptions

Container reroutingWar risk surchargesP&I cancellationsLNG cargo diversionsInsurance market hardening

War Risk Insurance

Risk Level
EXTREME
War Risk
3%
Multiplier
20x
Normal: 0.15% Current: 3%
View P&I Club Details →

LNG Supply Impact

World LNG at Risk
25%
Daily Cost
$0.80B

Qatar LNG exports severely disrupted. No pipeline bypass exists for LNG.

JapanSouth KoreaIndiaUK

Crisis Timeline

View All →
Feb 28, 2026 ESCALATION

Strait of Hormuz Closed

Iran announces closure to commercial shipping.

Mar 1, 2026 ECONOMIC

Brent Crude Surges 20%

Oil prices spike as markets react.

Mar 3, 2026 ESCALATION

Carriers Suspend Transit

All nine major container carriers suspend Hormuz transit.

Mar 10, 2026 ECONOMIC

P&I Clubs Withdraw

All six major P&I clubs cancel Hormuz transit insurance.

Mar 20, 2026 MILITARY

First Vessel Seizure

Iran seizes Marshall Islands-flagged tanker.

Apr 1, 2026 DIPLOMATIC

Oman Mediation Begins

Oman initiates back-channel talks.

Apr 15, 2026 ECONOMIC

SPR Drawdown Announced

US announces Strategic Petroleum Reserve drawdown.

May 24, 2026 DIPLOMATIC

Beijing Summit

China hosts emergency summit.

Alternative Routes

Full Details →
Cape of Good Hope
+14 days
+$650,000.00 per vessel
Saudi Petroline
Pipeline (5M bbl/day)
UAE ADCOP
Pipeline (1.5M bbl/day)
Iraq-Turkey
Pipeline (0.5M bbl/day)

Brent Crude — Live Chart

Why Hormuz oil matters →

Vessel Seizures Tracker

Full Details →
🇮🇷 Iran: 12 vs 🇺🇸🇬🇧 US/UK: 5
6 currently held
12
5
Iranian seizures US/UK seizures
Mar 20
MV Pacific Voyager
🇬🇧
Held
Mar 22
MT Nordic Spirit
🇱🇷
Held
Apr 5
MV Shiraz
🇮🇷
Held
Apr 8
MT Bandar Express
🇮🇷
Released
Apr 12
MV Stena Impero II
🇬🇧
Held
Apr 25
MV Brave Explorer
🇧🇲
Held

Supply Chain Disruptions

+85%
Shipping Rates
+2.5%
CPI Impact
38d
SPR Reserve
2
Ships Today
Container reroutingWar risk surchargesP&I cancellationsLNG cargo diversionsInsurance market hardening
Upstream Impacts
  • Gulf crude production down 40%
  • Iraq export terminals at 60% capacity
  • Saudi East-West pipeline at maximum
Downstream Impacts
  • Asian refineries facing feedstock shortage
  • European gas prices at 3x seasonal norm
  • US gasoline at 6-month highs