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.

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Brent crude front month

↑ = risk

USD/bbl · Yahoo Finance (BZ=F)

Brent crude front month at 104.6 USD/bbl, 34% above the 78.0 normal.

Latest

104.6USD/bbl

2026-09-11 04:00 UTC

Normal

~78.0USD/bbl

registry baseline

7D trend

▲ 9%

worsening · 7d

Observed min / max

71.6 – 118.3USD/bbl

trailing 180 days

Model stress

37/ 100

Full stress (100) at ≈ 150.0 USD/bbl — baseline plus the model span; readings at or below 78.0 register zero stress.

History

trailing 180 days

About this indicator

Brent front-month price. A geopolitical risk premium building into prices reflects trader expectations of supply disruption. Span widened Sep 2026 ($120 → $150 cap) so a full-scale-war price regime still has headroom.

Source: Yahoo Finance (BZ=F).

Model weight: 14% of the composite score.