Minimalist illustration of a lone tanker silhouetted against an amber sky over a narrow maritime chokepoint

Six Ships a Day: How Hormuz Is Rewiring Global Energy

Six vessels transited Hormuz on 10 August, down from 140. With diesel crack spreads at $85/bbl and inventories gone, markets are pricing a structural shift, not a blip.

August 11, 2026 Â· 6 min Â· C.