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Oil Crisis Monitor
Updated: Oct 22, 2026 — 4:20 AM MT
Strait of Hormuz
235
Days
Day 235 — IRGC says 7 tankers hit (unconfirmed); 4 killed in Saudi attacks. The strait remains closed.
Day 235: Iran's IRGC Navy says seven tankers were hit in the strait (unconfirmed); Saudi authorities report four killed in Eastern Province attacks.
Brent Crude
+48.8% since closure
$108.82
/bbl
Today: +$0.03 (+0.0%)
U.S. Gas Avg
+42.3% since closure
$4.27
/gal
Today: +$0.01
WTI Crude
+40.8% since closure
$97.15
/bbl
Today: −$0.67 (−0.7%)
Next
IMF PortWatch weekly Hormuz transit update
5 days
Oct 27
USMCA Tariffs
25% IEEPA + 232 duties
IN EFFECT
204
Day
2026 SAAR Forecast
16.1–16.8M
▼ 16.8M
prev. forecast
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