Hormuz Situation Report

Status

Effectively no.

War-risk insurance has priced commercial transit through the Strait of Hormuz beyond the reach of most operators. As of 12 OCT 2026 · 0645Z, that has held for 225 days. Verdict basis: insurance.

Headline metrics

Container carriers

The nine largest container carriers by global TEU. 4 of 9 say they have stopped using the strait; 1 of those has an advisory from the last 60 days, the count our verdict uses.

Bypass pipelines

War-risk insurance

A straits.live estimate from trade-press reporting puts the strait at multiples of normal premium: the quoted rate runs at 30.0× peacetime. Reported VLCC voyage quotes range from ~$250K in peacetime to ~$10.0M at the top of the current band.

Port congestion

Timeline · past 14 days

1. OCT 12

   Third oil tanker catches fire after hitting sea mine in Strait of Hormuz: Statement

   Tehran, IRNA – A third oil tanker caught fire after striking a sea mine in the Strait of Hormuz on Sunday, the Islamic Revolution Guards Corps Navy’s public relations office has announced.

2. OCT 12

   Supertanker hits mine in Strait of Hormuz as Iran accuses US of oil smuggling

3. OCT 12

   Two More Oil Tankers Attacked Near Strait of Hormuz

4. OCT 12

   IRGC warns vessels violating in Strait of Hormuz

   Tehran, IRNA – The Islamic Revolution Guards Corps (IRGC) Navy warns vessels that violate regulations and attempt to transit the Strait of Hormuz.

5. OCT 12

   Iran Warns Ships Using Strait of Hormuz With Tracking Systems Off

6. OCT 12

   Iran says US response on Hormuz Strait reopening proposal falls short

7. OCT 12

   Iran insists Strait of Hormuz remains closed until US meets seven peace conditions

8. OCT 12

   IRGC says oil tanker hits sea mine in Strait of Hormuz

9. OCT 12

   India condemns attacks on two ships near Strait of Hormuz; two Indian seafarers missing

10. OCT 12

    October witnesses near-daily attacks on ships in the Strait of Hormuz

11. OCT 12

    IRGC Navy warns ships against turning off navigation systems

    TEHRAN, Oct. 12 (MNA) – Iran’s IRGC Navy chief Ali Azmaei has warned that ships in the Strait of Hormuz that switch off their navigation and identification systems will be classified as hostile and face decisive action.

12. OCT 12

    Third oil tanker catches fire in Hormuz after hitting mine

    TEHRAN, Oct. 12 (MNA) – A third oil tanker caught fire in the Strait of Hormuz after striking a naval mine, according to Iran’s Islamic Revolution Guard Corps, which said the vessel had attempted to cross an unauthorized route despite warnings.

13. OCT 12

    Iran's Revolutionary Guard Claims Tanker Collided with Mine in Strait of Hormuz

14. OCT 12

    Strait of Hormuz Attacks: Two Indian Seafarers Missing After Drone Hits MT Petro Dolphin

15. OCT 12

    Iran’s Revolutionary Guard Navy says oil tanker struck mine in Strait of Hormuz

16. OCT 12

    ‘Response insufficient’: Iran claims US accepted ‘some of its seven conditions’ to reopen Strait of Hormuz | Hindustan Times

17. OCT 12

    'Insufficient': Iran rejects US response to seven conditions for reopening Strait of Hormuz

18. OCT 12

    ‘Attacks must cease’: India condemns strikes on commercial ships, seafarers in Strait of Hormuz after 2 Indians missing | India News

19. OCT 12

    Iran says US response to its proposal to reopen Hormuz was 'insufficient'

20. OCT 12

    Strong Dollar on Prolonged Strait of Hormuz Blockade... Won Fluctuates Around 1,340

21. OCT 11

    Iran Says U.S. Response to Proposal to Reopen Strait of Hormuz Inadequate

22. OCT 11

    Iran Says US Response To Its Proposal To Reopen Hormuz Was 'Insufficient'

    DUBAI, Oct 11 (Reuters) – The United States' response to Iran's seven conditions in a proposal to reopen the strategic Strait of Hormuz was "insufficient", Iran's security chief, Mohsen Rezaei, was quoted by state...

23. OCT 11

    Iran: US response to conditions for reopening Strait of Hormuz is insufficient

24. OCT 11

    IRGC Navy Says Oil Supertanker Hit Mine in Strait of Hormuz, Warns Ships: 10 outlets compared

Methodology

Oil prices: intraday Brent/WTI futures via Yahoo Finance, EIA daily closes as backstop. Vessel positions: Persian Gulf bbox (22–28°N, 54–60°E), 15-minute polling. Transit/stranded counts: AIS navigation status aggregated hourly, falling back to a five-port in-port census when AIS is down. War-risk insurance: straits.live estimate from carrier advisories and trade press. Carrier postures: curated from carrier customer advisories and trade press (Reuters, Lloyd’s List, gCaptain). Sanctioned vessels: OFAC SDN list × AIS by IMO and name. Events: news and maritime RSS feeds, curated trade-press citations and GDELT. Full method notes at straits.live/methodology.