SDE

GCBC Team·November 21, 2025

Guangzhou Proves Cost Gap Closed

Daily Tracker

Oil Crisis Monitor

Updated: Oct 19, 2026 — 4:17 AM MT

Strait of Hormuz

232

Days

Day 232 — IRGC reports a tanker mine fire; UKMTO counts 23 attacks this month. The strait remains closed.

Day 232: The IRGC says a tanker hit a mine and caught fire in the southern strait; UKMTO counts 23 attacks on ships since Oct 1.

Brent Crude

+47.1% since closure

$107.57

/bbl

Today: −$2.29 (−2.1%)

U.S. Gas Avg

+43.2% since closure

$4.30

/gal

Today: unchanged

WTI Crude

+44.1% since closure

$99.46

/bbl

Today: −$1.95 (−1.9%)

IMF PortWatch weekly Hormuz chokepoint update

1 day

Oct 20

USMCA Tariffs

25% IEEPA + 232 duties
IN EFFECT

201

Day

2026 SAAR Forecast

16.1–16.8M

▼ 16.8M
prev. forecast

Public agencies & commodity exchanges

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