Goldman Sachs2026-09-08 09:40:42Goldman Sachs: Product Oil Flow Through Hormuz Strait Drops to 35% of Pre-War LevelsA Goldman Sachs executive said the flow of refined petroleum products through the Strait of Hormuz has fallen to 35% of pre-war levels, while crude oil is at 70%. The supply disruption in the Middle East affects refined products more severely, especially diesel. Kpler data shows daily exports of 2.2 million barrels of products and 14.95 million barrels of crude last year.920
Strait of Hor2026-08-27 15:56:51Hormuz oil flows recover slowly, but Asian imports still lagOil shipments through the Strait of Hormuz are picking up, but the rebound still looks incomplete when measured against actual crude arrivals in Asia. On Aug. 27, BlockBeats reported that traders estimate roughly 6 million to 8 million barrels a day are now moving through the strait, about half of pre-conflict levels. Loading activity has increased in Saudi Arabia, Iraq, Qatar and Kuwait, and Iraq’s single-day loading capacity briefly moved above its pre-conflict mark. Even so, more cargoes being loaded does not necessarily mean they have reached end buyers in Asia, especially with some crude still being rerouted through Sohar in Oman and Fujairah in the United Arab Emirates. Kpler data points to continued weakness on the demand side: Asia’s August crude imports are projected at 23.12 million barrels per day, about 14% below the three-month average of 26.91 million barrels per day before the conflict. India’s August crude imports are seen at just 4.51 million barrels per day, with about 1.45 million barrels per day coming from the Middle East, or roughly half the pre-conflict average. Middle Eastern crude arrivals in Asia are also below earlier levels, leaving the market watching the next few weeks of data for clearer confirmation on whether supply has actually normalized.1060
Hormuz2026-08-06 06:28:46Hormuz and Mandeb Shipping Traffic Collapses to Just 3 Vessels on WednesdayCommercial shipping traffic through the Strait of Hormuz and the Bab el-Mandeb Strait fell sharply on Wednesday, according to data from maritime tracking firm Kpler cited by Jinshi. The Strait of Hormuz saw only two vessels transit during the day, a steep drop from eight ships the previous day. Before the Iran war began in February, roughly 130 to 140 ships used the waterway each day, the data showed. Meanwhile, traffic through the Bab el-Mandeb Strait fell to just one cargo vessel, well below the 20 ships recorded a day earlier.2120
Strait of Hor2026-07-25 01:17:30Kpler says Hormuz traffic fell while Bab el-Mandeb crossings picked upKpler said on July 24 that vessel movements through two key Middle East maritime chokepoints diverged on July 23. Traffic through the Strait of Hormuz dropped sharply, while crossings through the Bab el-Mandeb Strait, which links the Red Sea and the Gulf of Aden, moved higher. According to the market services firm, six vessels completed passage through Hormuz on July 23, down 60% from the previous day. All but one of those ships used the shipping lane designated by Iran. In the Bab el-Mandeb, 49 vessels completed transit that day, a level Kpler said was above earlier readings. The total included four ships that turned off their automatic identification systems and sailed in what Kpler described as “dark” mode. Kpler also said some vessels that had previously turned back in the Gulf of Aden and the Red Sea because of security risks later resumed voyages and completed transit. Others, however, remained on hold after reversing course. The firm said international shipping companies are still assessing the regional security picture, with overall traffic showing a pattern of cautious but selective recovery.1440
Strait of Hor2026-07-17 11:40:04Kpler data shows Hormuz Strait transits fell to a three-week lowShipping data from Kpler showed that confirmed transits through the Strait of Hormuz fell to their lowest level in three weeks on July 16, with only eight crossings recorded for the day. The update was cited by BlockBeats on July 17. Analysts said the lighter traffic could add to uncertainty around crude oil supply and feed into volatility in international oil prices. The figures point to a notable slowdown in vessel movement through one of the world’s key energy shipping routes, though no further breakdown of the crossings was provided in the source. The report focused on the daily count and the potential implications flagged by analysts, without giving additional historical comparisons beyond the three-week low.1960
Strait of Hor2026-07-11 09:28:32Hormuz transit drops as renewed U.S.-Iran fighting drives up shipping costsVessel traffic through the Strait of Hormuz fell sharply this week after fighting between the U.S. and Iran resumed, according to BlockBeats, citing Kpler data. On Thursday, the number of vessels transiting the waterway dropped to 22 from 30 a day earlier. The latest escalation followed an Iranian strike targeting ships in the strait on Tuesday local time, including damage to a Qatari LNG carrier. Since the two sides resumed attacks on each other on Tuesday, only two LNG vessels have entered the strait and one has exited. Transit volumes had previously recovered after the U.S. and Iran signed an agreement on June 17 to begin talks aimed at ending the conflict, with flows climbing for several days before reaching a peak. That rebound was later cut short after the ceasefire broke down. Shipping broker Braemar LNG said in a client note on Friday that shipowners had adopted a cautious stance and pulled available tonnage out of the region “until the geopolitical situation becomes clearer.” The retreat has reduced the number of ships available for hire and pushed transport costs higher.1810
