Hormuz· 8 min
Hormuz Is Open. Shipping Has Already Collapsed.
Strait of Hormuz shipping has collapsed even though the waterway remains open. HormuzEye maps why functional disruption now looks like a partial closure.
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Oil · Geopolitics · Commodity Trading
In-depth analysis on oil prices, geopolitical escalations and market dynamics. Sharp, grounded and accessible for traders, analysts and decision-makers.
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Raised from 89 to 92 after attacks on merchant shipping turned into losses, transit volume fell to a 10-day average of 10 vessels, and the Bab al-Mandab bypass came under direct attack.
Last assessed:
Raised from 89 to 92 after attacks on merchant shipping turned into losses, transit volume fell to a 10-day average of 10 vessels, and the Bab al-Mandab bypass came under direct attack.
Last assessed:
Latest Analysis
In-depth pieces on markets, geopolitics and the Strait of Hormuz.
Hormuz· 8 min
Strait of Hormuz shipping has collapsed even though the waterway remains open. HormuzEye maps why functional disruption now looks like a partial closure.
Read analysis
Market· 7 min
Crude is flowing through Hormuz again, dark and under US military protection. Diesel crack spreads just hit an all-time high above $100. One crisis, two markets. Here is why the crack spread, not Brent, is now the real thermometer.
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Hormuz· 8 min
Six vessels crossed Hormuz on Monday against 130 before the war. A new ship attack on the protected route shows why open does not mean normal.
Read analysisWhy HormuzEye?
In a market full of noise, we offer sharp, well-grounded perspectives on oil, geopolitics and trading.
WTI, Brent, futures curves and geopolitical risk premiums, translated into clear, actionable analysis.
21% of global oil passes through the Strait daily. We track every escalation and its market impact.
No noise, no hype. Only well-grounded perspectives for traders, analysts and decision-makers.
Timely analysis when markets move. Depth when the story demands it. Fast enough to be useful, never rushed simply to be first.

The Hormuz Crisis
Between Iran and Oman lies a maritime corridor just 33 kilometres wide, yet more than 17 million barrels of crude oil flow through it every day. Every escalation, every threat of closure, every attack on a tanker sends immediate shocks through WTI, Brent and global energy markets.
HormuzEye tracks the geopolitical dynamics, military posturing and market reactions, so you stay ahead of what comes next.
21%
Global oil trade
17M
Barrels per day
33km
Narrowest point
$2T+
Annual trade value
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