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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.

Source: unctad.org — Read the full report

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○ 1 source

Oman reported rescuing 25 people from a burning oil tanker in the Strait of Hormuz. Concurrently, Iran stated that three oil tankers were halted while attempting to use "unauthorised routes" to cross the strait.

Location: Strait of Hormuz