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Oil Crisis Monitor
Updated: Oct 15, 2026 — 4:15 AM MT
Strait of Hormuz
228
Days
Day 228 — Container ship GFS Pride sinks in the strait; 21 crew evacuated (MPA). The strait remains closed.
Day 228: A Singapore-flagged container ship sinks after a strike in the strait; all 21 crew evacuated (MPA).
Brent Crude
+42.0% since closure
$103.88
/bbl
Today: −$2.18 (−2.1%)
U.S. Gas Avg
+44.5% since closure
$4.33
/gal
Today: unchanged
WTI Crude
+37.4% since closure
$94.83
/bbl
Today: −$0.27 (−0.3%)
Next
EIA Weekly Petroleum Status Report, 12:00 p.m. ET
Today
Oct 15
USMCA Tariffs
25% IEEPA + 232 duties
IN EFFECT
197
Day
2026 SAAR Forecast
16.1–16.8M
▼ 16.8M
prev. forecast
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