Crude oil shipments through the Strait of Hormuz have rebounded to prewar levels, aided by U.S. military escorts and pipeline rerouting, reaching about 13.5 million barrels per day. However, refined product shipments remain severely constrained, contributing to a global fuel crisis with diesel prices hitting record highs, threatening economic stability. Iran's crude exports have plummeted due to U.S. naval blockades and sanctions, while diplomatic efforts to reopen the strait have stalled amid ongoing conflict and military threats. The region relies heavily on costly U.S.-protected shuttle tanker systems and pipelines, but risks of renewed fighting and attacks persist, raising concerns about future supply disruptions.
Crude oil exports through the Strait of Hormuz have rebounded to about 13.5 million barrels per day. For readers following the energy sector, here is Pluang's market snapshot as of Oct 01, 2026 00:05 WIB: out of 38 priced US energy stocks, 30 rose and 8 fell. Notable movers include Cenovus Energy Inc (CVE) at USD 31.55 with a 1.91% increase and a typical hold time of 46 days, Indonesia Energy Corporation Limited (INDO) at USD 2.70 up 1.89% with 68% buy order activity, and Suncor Energy Inc. (SU) at USD 68.75 rising 1.84% with 100% buy order activity and a typical hold time of 56 days.
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