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Tanker market faces challenges amid Hormuz closure

pre-market1 source ↓written by the desknot a recommendation

fell
319.5 mbbls

The tanker market is adjusting as the Strait of Hormuz faces renewed attacks, impacting Middle East Gulf exports. Commercial crude stocks have dropped to their lowest levels since 2018, while SPR levels fell to 319.5 mbbls, the lowest since 1983. Concerns grow over future releases, affecting supply dynamics.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 13 Jul 2026, 07:08 IST.

Sourcesnews.google.com

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