The first week of October 2026 saw the highest weekly tanker attacks since the war began, with...
Strait of Hormuz
The recent closure of the Strait of Hormuz, precipitated by US-Israeli attacks on Iran and subsequent Iranian retaliation, has caused significant disruptions in global energy markets, particularly affecting oil and LNG traffic.
The current situation is still one of severe disruption. LNG traffic has resumed only in a trickle:...
Despite resumed LNG traffic from Qatar, volumes remain below pre-war levels, indicating that the strait is...
Current conditions are extremely far from the resolution threshold. As of mid-September 2026, gCaptain reports single-digit daily...
Current Price (as of September 15, 2026): trading around $105–107 per barrel (Trading Economics CFD 105.25; other...
As of September 15, 2026, Brent crude oil prices are nearing $100 per barrel, a critical indicator...
Despite some diplomatic efforts and isolated successful ship transits, the overall picture remains one of disruption, with...
August saw only 3 STS cargoes (~3% of pre-war monthly flow). September featured one open transit (Al...
Geopolitical tensions, particularly the Iran-U.S. conflict, have significantly affected oil prices, with the Strait of Hormuz's restricted...
Volatility has been extreme (~70% range in 12 months) driven by geopolitics rather than typical seasonality (Q4...