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Oil Crisis Monitor
Updated: Sep 15, 2026 — 4:40 AM MT
Strait of Hormuz
198
Days
Day 198 — Iran's Persian Gulf Strait Authority published an updated list of 77 vessels it accuses of violating its Strait of Hormuz protocols, saying listed ships face fines, detention or confiscation and warning insurers, P&I clubs and classification societies against serving them (Iran International and Insurance Journal, Sep 14; Middle East Monitor, Sep 15). US Central Command said an IRGC claim that a supertanker struck mines in the strait was false; neither account is independently confirmed. Houthi forces said they struck the Khamis Mushait air base in southern Saudi Arabia. Saudi Arabia's East-West pipeline entered a fifth day shut. AAA's national diesel average set a 12th consecutive record at $6.2694/gal and California diesel set a fresh state record at $8.2124/gal.
Day 198: Iran's Persian Gulf Strait Authority blacklisted 77 vessels and warned insurers off them; US diesel set a 12th straight record at $6.2694/gal.
Brent Crude
+46.9% since closure
$107.47
/bbl
Today: +$1.79 (+1.7%)
U.S. Gas Avg
+44.3% since closure
$4.33
/gal
Today: +$0.01 (+0.3%)
WTI Crude
+50.2% since closure
$103.65
/bbl
Today: +$2.26 (+2.2%)
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EIA weekly petroleum report — first SPR read in 12 days
1 day
Sep 16
USMCA Tariffs
25% IEEPA + 232 duties
IN EFFECT
167
Day
2026 SAAR Forecast
15.8–16.8M
▼ 16.4M
prev. forecast
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