Hormuz on the Brink
May 8, 2026
GLOBAL OIL AT RISK
21%
of global petroleum liquids transit Hormuz daily
IRAN REVENUE LOST
$4.8B
estimated lost oil revenue from U.S. naval blockade
DAILY FLOW
17M bbl
barrels per day through the strait in 2025
STRAIT WIDTH
21 mi
navigable shipping channel at narrowest point
COUNTRIES AFFECTED
40+
nations reliant on Hormuz-transited energy
Daily Oil Flow & Risk Premium, 1990–2026
Millions of barrels per day (left axis) vs. Brent risk premium in $/bbl (right, dashed red)
Oil Flow (Mbpd)Risk Premium ($/bbl)Notable event
Sources:U.S. Energy Information AdministrationPentagonLloyd's of LondonIMF
Key Questions
Data sources
Strait of Hormuz — World Oil Transit Chokepoints· U.S. Energy Information AdministrationIran Oil Production and Export Data· U.S. Energy Information AdministrationWorld Energy Outlook — Middle East Oil Trade Flows· International Energy AgencyIran Economic Outlook and Sanctions Impact· International Monetary FundAbu Dhabi Crude Oil Pipeline — Fujairah Terminal· Abu Dhabi National Oil Company (ADNOC)Saudi Arabia Crude Oil Pipelines — Petroline· Saudi AramcoWar Powers Resolution — Congressional Reference· U.S. Congressional Research Service