Status: Normal FlowAll Persian Gulf seaborne export routes operating at regular commercial transit throughput.
Hormuz: 21.0 MBD Cap
Effective Export Flow
18.0
Million Barrels / Day
Global Supply Deficit
0.0
MBD Unmet Seaborne Supply
Est. Brent Crude Price
$75.00
Baseline price: $75.00/bbl
Tanker Queue Delay
4.5 hrs
Average Hormuz anchorage wait
Maritime Oil Transit Network (Persian Gulf • Hormuz • Bypass Routes)
Tanker Transit
Land Pipelines
Hormuz Chokepoint

Hormuz Chokepoint Dynamics

The Strait of Hormuz connects the Persian Gulf to the Gulf of Oman and Arabian Sea. Under normal operations, approximately 20–21 MBD of petroleum liquids transits the channel daily, representing ~21% of total world petroleum liquids consumption. When disruptions occur, non-linear tanker congestion ripples through global refiners in Asia-Pacific (82% of Hormuz oil) and Europe.

Bypass Pipeline Resilience

Only Saudi Arabia and the UAE possess operational pipelines that can bypass Hormuz: the East-West Petroline (746 miles to Yanbu on the Red Sea, 5.0 MBD normal / 7.0 MBD surge) and the Habshan-Fujairah pipeline (1.5 MBD capacity). Combined realistic bypass capacity is 6.5 MBD.

Sources & Reference Data: Walter Bloomberg (@DeItaone)U.S. EIA World Oil Transit ChokepointsEIA Petroleum Supply Monthly • Energy Elasticity: Short-run demand elasticity ~ -0.08 with non-linear disruption scaling.