Oil Keeps Flowing Through Hormuz Despite Iran’s “Closure” Claim


🛢️ New shipping data shows oil flows through the Strait of Hormuz have not been fully disrupted, even after Iran claimed it had closed the area amid rising geopolitical tensions.
🚢 CENTCOM confirmed that 55 commercial vessels passed through Hormuz on June 20, carrying more than 17 million barrels of oil. Several large tankers continued to use the southern route near Oman, suggesting energy transport activity remains active despite elevated risks.
📉 Oil prices have therefore not fully priced in a total supply disruption scenario. The market is still separating political statements from actual shipping data, keeping the risk premium from expanding too aggressively.
⚠️ Over the next 24–72 hours, attention will likely focus on vessel traffic through Hormuz and any new statements from Iran or CENTCOM. If flows remain stable, upside pressure on oil may ease; if commercial traffic drops sharply, volatility could return quickly.
#Oil
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