Oil flows through the Strait of Hormuz are near half of pre-conflict levels, according to UBS Evidence Lab, down from roughly 75% at the recent peak, and attacks are at their highest intensity of the conflict. Yet WTI remains 4.4% below its September 16 close of $102.43. The market appears to be pricing duration rather than the immediate disruption. Kpler counted ten tankers struck in the strait from September 28 to October 4.
This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.
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