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economicAug 27, 2026

PDF Strait of Hormuz Disruptions: Beyond reopening - lasting ... - UNCTAD

Summary

After 100+ days of disruption, trade through the Strait is set to resume. Daily ship transits through the Strait of Hormuz in 2026 The prospect of the Strait opening is calming energy markets down. Daily price of crude oil in US$ per barrel But in some sectors, such as transport, prices take longer to adjust.

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economicUnverifiedUSIran
1 source

NEW YORK, August 28. /TASS/. Over the past few months, the US military helped approximately 1,500 ships to pass the Strait of Hormuz, US Central Command (CENTCOM) chief Admiral Bradley Cooper. "Over the past several months, US forces have assisted nearly 1,500 commercial vessels in transiting the strait by providing coordinated protection.

Those ships were carrying nearly 750 million barrels of crude oil, destined for global energy markets," he said in a video address, posted on the X social network. Cooper claimed that since the US resumed its maritime blockade on Iran in mid-July, the Islamic republic "has exported zero oil from its shores.

" The United States resumed its maritime blockade of Iran on July 14. US CENTCOM’s forces have since redirected 75 vessels and disabled three.

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Reports indicate that oil shipments transiting the Strait of Hormuz have decreased, potentially contributing to elevated global energy prices. Analysts suggest these levels are currently near their highest in recent years, though specific price figures remain unverified in the provided text.

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