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Oil Crisis Monitor
Updated: Oct 1, 2026 — 4:30 AM MT
Strait of Hormuz
214
Days
Day 214 — UKMTO reported three tankers struck by unknown projectiles on Sep 29 after the Al Funtas strike late Sep 28; no casualties or pollution reported (Seatrade Maritime). DOE announced a further 40M-barrel SPR exchange (World Oil). The strait remains closed.
Day 214: UKMTO reports three more tankers struck in the strait; the US announces a further 40M-barrel SPR release.
Brent Crude
+41.5% since closure
$103.50
/bbl
Today: +$0.91 (+0.9%)
U.S. Gas Avg
+47.1% since closure
$4.41
/gal
Today: −$0.02
WTI Crude
+31.0% since closure
$90.42
/bbl
Today: +$1.04 (+1.2%)
Next
Automakers report Q3 US sales; CMA CGM fuel surcharge takes effect
Today
Oct 1
USMCA Tariffs
25% IEEPA + 232 duties
IN EFFECT
183
Day
2026 SAAR Forecast
16.1–16.8M
▼ 16.4M
prev. forecast
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Public agencies & commodity exchanges