Hormuz Oil Flows Fell Nearly 30% Last Quarter, EIA Says

Flows of crude oil and fuels through the Strait of Hormuz fell by nearly 6 million barrels per day in the first quarter of 2026, the start of a seismic...

By Mia Gindis, Will Kubzansky · Bloomberg Markets

Flows of crude oil and fuels through the Strait of Hormuz fell by nearly 6 million barrels per day in the first quarter of 2026, the start of a seismic energy shock that has upended global supplies and sent prices surging.