GlobalSupplyShock

Strait of Hormuz

The Strait of Hormuz is a narrow sea passage between Iran and Oman. Roughly a fifth of all the oil the world uses — and a big share of its liquefied natural gas — travels through it on ships. If traffic here drops suddenly, oil supply problems usually follow, which is why this page watches it daily.

Shipping through the Strait of Hormuz this week is running 84% below its pre-strikes (early 2026) pace.

Ships per day (7-day average)

11ships

−84.3% vs pre-strikes

as of 23 July 2026

Newest daily count

10ships

as of 23 July 2026

Pre-strikes level (90-day avg, before Feb 22 2026)

71ships

Comparisons on this page are measured against the 90 days before 22 February 2026 — shortly before US strikes on Iran began and Hormuz transits collapsed — rather than a rolling recent window, so the comparison stays honest as time passes instead of quietly comparing the post-strikes period with itself.

Ships passing per day — since January 2025

How many large ships passed through the Strait of Hormuz that day — about a fifth of the world's oil ships through here, so a sudden drop is an early warning that oil supply is being disrupted.

All shipsOil & gas tankers

Daily satellite-based estimates; the most recent few days are often revised.

Newest data point:
23 July 2026
Last checked:
29 July 2026
Updates:
daily
Confidence:
medium

The long view — monthly average since 2019

The same data averaged by month, so you can compare today with the COVID shock of 2020 and the 2022 energy crisis.

Monthly average of daily data. IMF PortWatch history begins in 2019 — earlier years aren't available.

Newest data point:
23 July 2026
Last checked:
29 July 2026
Updates:
daily
Confidence:
medium

How to read this

  • Day-to-day wiggles are normal — weather, holidays, and port schedules move the number around.
  • What matters is a sustained drop over a week or more, especially in tankers.
  • These are satellite-based estimates by the IMF's PortWatch project, not official counts, and recent days get revised.
  • A drop here doesn't prove any particular cause — it's a warning light, not a verdict.