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Hormuz Tanker Traffic Slumps as U.S.-Iran Standoff Drags On

The IEA says global oil stockpiles are falling fast as traffic through the waterway stays stalled and both sides dispute control.

Summary by Oil Price
Tankers moving along the Strait of Hormuz dwindled further this week, with only five crossings on Wednesday and nine crossings on Thursday, down from a monthly average of 12 crossings, according to data from Kpler, as cited by Reuters. Five tankers went into the waterway yesterday, according to the data, and four exited it, most of them moving along the Iranian corridor. Traffic via the Bab el-Mandeb strait in the Red Sea was in the double digit…
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The U.S. government reports surprisingly high oil transports through the Strait of Hormus. Although the recorded ship movements speak for significantly lower quantities, there is evidence that the strait is more permeable than it seems.

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CNN broke the news in Atlanta, United States on Thursday, August 13, 2026.
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