EIA forecasts Strait of Hormuz traffic won't normalize until early 2027. Normal traffic by June 15, 2026 at 1.0% YES.

Two weeks ago traders saw a 60% chance that the Strait of Hormuz would open before August. Now traders see a higher chance that it will open before 2027.

EIA forecasts Strait of Hormuz traffic won't normalize until early 2027. Normal traffic by June 15, 2026 at 1.0% YES.

Energy Secretary Wright predicts rising oil flow through the Strait of Hormuz. Traffic returns to normal by July 31 at 29.5% YES.

Over 100 million barrels pass through the Strait of Hormuz, indicating partial recovery; traffic returns to normal by June 15 at 0.5% YES, by end of June at 8.5