Yesterday’s News 2026-09-14

curated news excerpts & citations
… trying to ‘unbury the lede’

Hormuz tanker

James Eagle:
Hormuz traffic looks more like an escape than a reopening

There was a brief burst of departures through the Strait of Hormuz due to the June US-Iran memorandum. Outbound crossings briefly approached 60 vessels a day, while inbound traffic in the right-hand panel peaked at 20.

However, make no mistake, traffic is still vastly below what occurred before the war (look at both charts). The agreement provided an opportunity for ships to leave, rather than evidence that the Strait was back to business as usual. It was more like a prison breakout from a conflict that is still ongoing.


Traffic in and out of Hormuz

Now that hostilities have flared up again, traffic has also fallen again. Shipowners, crews, insurers and traders cannot schedule reliable journeys through the Strait and so must wait once again for the next lull in fighting. The reality is that lots of vessels are still trapped in the Strait and those pre-war levels we see in these charts seem unlikely to recover any time soon.


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