HORMUZ SIGNAL

Watch the strait, not the statements. A composite 0–100 gauge of Iran-conflict escalation risk built from shipping, energy, and conflict data.

Score composition

weighted contribution, points
  • Hormuz tanker transits22%24.4 pts · stress 100
  • Red Sea / Bab el-Mandeb transits12%13.3 pts · stress 100
  • Brent crude front month14%5.7 pts · stress 37
  • Gulf war-risk insurance premium10%5.5 pts · stress 50
  • US commercial crude stocks (excl. SPR)10%4.8 pts · stress 43
  • Conflict coverage tempo, Gulf (7d)8%3.7 pts · stress 42
  • US distillate fuel oil stocks6%2.6 pts · stress 39
  • VLCC rate TD3C (MEG to China)8%2.2 pts · stress 25
  • China imports of Iranian crude10%stale — excluded

Composite 62.4 — bars scaled to the largest contributor; latest reading 6.00 transits/day for Hormuz tanker transits.

Indicators

latest reading · trailing 90 days