Several oil carrier owners, large oil corporations and traders stopped transporting crude oil, fuel and naturalized gas (LNG) through the Hormberg Channel after the US and Israel attacked [Iran] (httrans ://nvniexpress.net/chu-de/iran-1818). Tehran also closed this maritime line. Satellite images from ship tracking systems indicate that many ships are swarming near major ports such as Fujairah (UAE) and do not move through Hormuz.
An official of the European Coalition Aspides Department said the boats had received VHF radio signals from IRGC with the "No ship is allowed through the Hormberg Channel" content. The official added that the Iranian government had not yet confirmed the ban.
According to the Poten & Partners, ship flow via the Hormuz Channel has not yet fully stopped but interrupteds increasing rapidly. The German container transport Hapag-Lloyd announced a stopover to the entire ship through Hormuz until further notice. The French CMA CGM requires ships in or towards the Bay Area to seek shelter after attacks.
According to expert Laura Page of Kpler Energy Advisory, 14 LNG carriers have slowed down, turned or stopped around the Channel. The numbers can increase, risking Qatar's LNG exports.
Get out! [The Sea of Hormum and surrounding nations] Graph: NASA](htttttttst i1-kmdm.vnecdn.net/2026/03/01/eo-bien-Horm-Horm-jmmm-17295318-1425-1772326958.png?w=120&h=0&&dpt=1&ft=1&s=PgXXXXXXNNFTTNZKKKKKKNLRRRBCI
- Mind the Hormuz Channel and surrounding nations. Graphics:
[Eo Sea of Hormuz] (htts ://nvreexpress.net/cu-go-centu-dau-dau-tam-dim-in-can-tang-my-iran-in-iran 5004/950.htm) is between Oman and Iran, connecting Persian bay in the north, Oman Bay in the south and beyond the Arab Sea. Last year, more than 14 million barrels of crude oil per day flows through this Channel, which is equivalent to a third of the world's marine fuel export, according to data from Kpler. About three quarters of the oil barrels were transferred to China, India, Japan and Korea. In it, half of China's crude oil imported through this Channel.
OPEC members such as Saudi Arabia, Iran, UAE, Kuwait and Iraq export much of the crude oil through here. Qatar, one of the largest LNG exports in the world, also transports almost the entire naturalized gas via this route. Despite the significant strategic position with global trade, history shows that this maritime line is often a political hot spot, from the Iran - Iraq - Iraq - 1980 war to the threat of blockade and capture of ships in recent years.
Bob McMurran - Former White House Energy Advisor and Chairman Rapidan Energy Group - said the oil markets had long ignored the risk of interrupting oil supply in the Middle East. The traders are underestimating the threat Iran retaliates against the U.S. attack on the market.
However, according to him, Iran can find a way to pressure President Donald Trump by causing the Hormuz Channel to become unsafe for the commercial vessel, thereby pushing the price of oil to exceed $100 per barrel. He claimed that the market "not properly rated" that Tehran owned large amounts of torpedoes and short-range missiles could seriously interrupt the maritime traffic.
The expert predicted the price of crude oil could increase $5-7 per barrel when the transaction was reopened the following week. At the end of the week, each barrel of crude Brent bolts at 72,48 dollars increased $1.73, while the U.S. crude oil added $1.81 to 67,02.
"A long closing in Hormuz's waist will certainly cause global recession", Mazda remarked.
He warned the world's backup oil capacity was mainly located in the Gulf Area countries and would not be able to access the market if the Channel was closed. Grenada also predicted that Asian countries would store oil, leading to "an unprecedented war".
Get out! [The oil passes through the Hormuz Sea through December 2018. Image: Reuters](data:image/gif;base64,R0lGODlhAQABAAACH5BAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAACACACATATATATAAAAAAAAAAAEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAATATATAEEEAAAAAEAAAAAAAAAAAAAEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
- Oil oil passes through the Hormuz Sea, December 2018. Image: Reuters*
Currently, Iran responds with rockets to American bases in Qatar, Kuwait, UAE and Kuwait, which can affect Hormuz traffic. According to Tom Kloza, director of Kloza Advisors Oil Advisors, these attacks may result in the cost of tanker insurance or may cause insurance companies to reject complete insurance.
Kevin Book, director of research at ClearView Energy Partners, said that the US could use strategic oil reserves if prices skyrocketed. The depot currently has about 415 million barrels. However, he warned a full crisis at Hormuz that might exceed the ability of America and countries of the International Energy Agency (IEA).
The tension at the Hormuz Strait was already incoherent at the beginning of this year when President Trump imposed tax imports on Iranian partners. According to Muyu Xu - the crude oil analyst at Kpler - once made a claim compared to Venezuela, Iran's production and exports were much larger. Thus, the global market will be more widespread.
Iran has the world's 3rd largest oil reserves, with 209 billion barrels, according to the statistics of the Oil Export Nations (OPEC). They are also the third largest oil production water in this organization, with 3.3 million barrels of oil per day, equivalent to 3% of global demand.
In the most pessimistic scenario, analysts predicted that if the tankers could not cross the Hormuz Channel or the demolished power infrastructure, the price of oil could soar around $100, even 140 dollars per barrel if the line was completely sealed. Saul Kavonic - Chief of Energy Research at MST Marquee - remarked the price would "permanently" after any of the U.S. attacks on Iran, then quickly cool down if the interruption was only temporary. The experts also emphasized that such a disastrous scenario has a very low probability of happening.