Intelligence Feed event · Geopolitical · 2026-10-13

    Iranian attacks cut Strait of Hormuz tanker transits to the lowest level since July 23

    Question

    Iranian attacks cut Strait of Hormuz tanker transits to the lowest level since July 23

    Direct answer

    Lower transit capacity raises crude volatility and tanker freight while increasing the value of alternative export routes and storage outside the strait.

    Original publisher
    Market Ontology
    Evidence through
    2026-10-13
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Iranian attacks cut Strait of Hormuz tanker transits to the lowest level since July 23”, revision 1, evidence through 2026-10-13. https://marketontology.com/market-events/2026-10-13/iranian-attacks-cut-strait-of-hormuz-tanker-transits-to-the-lowest-level-since-j-29bb1a

    GEOPOLITICAL
    Iranian attacks cut Strait of Hormuz tanker transits to the lowest level since July 23
    Lower transit capacity raises crude volatility and tanker freight while increasing the value of alternative export routes and storage outside the strait.
    BZ=FBDTIUSO
    Impact
    80
    OCT 13
    SIG
    BZ=FBDTIUSO
    Iranian attacks cut Strait of Hormuz tanker transits to the lowest level since July 23
    Lower transit capacity raises crude volatility and tanker freight while increasing the value of alternative export routes and storage outside the strait.
    Impact
    Lower transit capacity raises crude volatility and tanker freight while increasing the value of alternative export routes and storage outside the strait.
    Affected
    BZ=FBDTIUSO
    Source facts

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    BZ=FFewer tanker transits increase the probability of near-term Gulf supply delaysUpintradaySeven tankers crossed on Tuesday, below the recent average
    BDTIScarce willing tonnage raises freight pricing for Gulf cargoesUp1-5dReporting describes repeated attacks and a shortage of available tankers
    USOThe ETF benefits from higher front-month crude prices caused by transport disruptionUp1-5dCrude remained above $100 amid reduced Hormuz traffic and shipping attacks

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    What happened next

    AssetCallBase close+1 day+5 days+20 days
    USOUpagreed153.09 2026-10-13+0.31%PendingPending

    Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.

    Sources

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