ICE Ban

GCBC Team·January 7, 2026

What Ended It and What Comes Next

Daily Tracker

Oil Crisis Monitor

Updated: Oct 23, 2026 — 4:17 AM MT

Strait of Hormuz

236

Days

Day 236 — Aramco HQ staff sent home; UAE beaches shut by tanker spill. The strait remains closed.

Day 236: Saudi Aramco sends its remaining Dhahran HQ staff home; the UAE closes Umm Al Quwain's beaches after a tanker oil spill.

Brent Crude

+54.7% since closure

$113.17

/bbl

Today: +$4.35 (+4.0%)

U.S. Gas Avg

+43.1% since closure

$4.29

/gal

Today: +$0.02

WTI Crude

+44.2% since closure

$99.47

/bbl

Today: +$2.32 (+2.4%)

IMF PortWatch weekly Hormuz transit update

4 days

Oct 27

USMCA Tariffs

25% IEEPA + 232 duties
IN EFFECT

205

Day

2026 SAAR Forecast

16.1–16.8M

▼ 16.8M
prev. forecast

Public agencies & commodity exchanges

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