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BreakingDay 140 · since 2026-04-22

STRAIT OF HORMUZ CLOSED

Commercial shipping suspended after a brief reopening~21% of world oil and ~25% of global LNG have no way out.

Now tracking01 / 05
The world’s most important oil artery
About 1 in 5 barrels of oil consumed on Earth passes through a channel just 33 km wide at its narrowest.
Crisis
Oil stranded2.79B bblsince closure
Value blocked$335.1Band rising
Transits today0strait closed
Tankers waiting~150backed up
World oil halted~20%no route out
Global LNG halted~20%Qatar cut off
Oil stranded2.79B bblsince closure
Value blocked$335.1Band rising
Transits today0strait closed
Tankers waiting~150backed up
World oil halted~20%no route out
Global LNG halted~20%Qatar cut off
Live crisis dashboard

Strait of Hormuz — full situation report

The strait was briefly reopened on April 21, 2026, but closed again on April 22, 2026.

Current status

CLOSEDCommercial shipping suspended after a brief reopening.

Key metrics

Ships transiting
~0
Normal: ~60/day
Stranded vessels
150+
Tankers, bulk & other commercial ships
Throughput
<2%
of normal daily deadweight tonnage
War-risk insurance
16×+
premiums vs normal rates
Brent crude
$75.00
surging on supply disruption
Daily economic cost
$4B+
estimated, global

Global trade impact

Roughly 21% of the world’s oil supply and 25% of global LNG trade is at risk. Estimated daily economic cost exceeds $4B.

Why they suffer — barrels through Hormuz

Each bar is the crude that reached the country via Hormuz before the closure. Green is what still gets through via bypass routes and non-Gulf suppliers; red is the daily shortfall they now scramble to replace.

Still flowingCut off
−9.7 Mb/d combined shortfall
China48% via Hormuz
5.41.6Mb/d−3.8 Mb/d lost

The single biggest buyer of Hormuz crude. Leans on Russian ESPO, West African and US barrels to backfill the gap.

Japan92% via Hormuz
2.60.6Mb/d−2.0 Mb/d lost

Almost all of Japan’s crude comes through Hormuz. Few alternatives at scale — forced onto its strategic reserves.

South Korea70% via Hormuz
2.40.6Mb/d−1.8 Mb/d lost

Heavily Gulf-dependent refiner. Diverts to US and West African crude at far higher freight cost.

India40% via Hormuz
2.10.7Mb/d−1.4 Mb/d lost

Large importer with some flexibility — ramps Russian and US barrels, but prices spike across the board.

European Union12% via Hormuz
1.20.5Mb/d−0.7 Mb/d lost

Less directly exposed, but a global price shock hits every refiner and consumer in the bloc.

Supply chain & alternative routes

Reroute via Cape of Good Hope
Up to +14 transit days, far higher fuel + crew cost
Gulf→Asia tanker spot rates
Roughly tripled since the closure
Pipeline bypass
Saudi East–West + UAE Habshan–Fujairah, ~3.5 Mb/d only
US Strategic Petroleum Reserve
Provides a buffer; prolonged disruption still hits prices

Live markets

Latest coverage

No coverage ingested yet — the worker pulls headlines hourly.

Crisis timeline

  1. 2026-04-22Critical
    Strait re-closed
    Commercial shipping suspended again after the brief reopening. Throughput collapses to under 2% of normal.
  2. 2026-04-21High
    Brief reopening
    Limited transits resume for roughly a day before traffic is halted again.
  3. 2026-04-20High
    Vessels strand at the entrances
    150+ tankers, bulk carriers and other commercial ships back up at both approaches.
  4. 2026-04-19Update
    War-risk premiums spike
    Marine war-risk insurance climbs past 16× normal rates; carriers begin diverting around Africa.

Peace talks

No breakthrough

Diplomatic channels remain open and several parties are pushing for de-escalation, but no agreement to reopen the strait has been reached.

About this dashboard

Real-time view of the Strait of Hormuz shipping crisis — transit counts, Brent crude prices, stranded-vessel counts, war-risk insurance, daily throughput, global trade impact, crisis timeline and peace-talk status. Crude prices are live; other figures are curated estimates compiled from public reports and updated periodically.