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Daily Tracker
Oil Crisis Monitor
Updated: May 15, 2026 — 7:30 AM MT
Strait of Hormuz
SHIP SUNK + SHIP SEIZED NEAR HORMUZ — BEIJING READOUT FIRMS
75
Days
Indian cargo ship Haji Ali sunk off Oman by missile/drone strike; second vessel seized 38nm NE of Fujairah and steered toward Iran. Trump-Xi Beijing readout: Xi opposes militarization and tolls in Hormuz, agrees strait must remain open, says Iran cannot have a nuclear weapon. Brent up 1.1% to $106.89; WTI up 1.3% to $102.49.
Brent Crude
+46% since closure
$106.89
/bbl
Today: +$1.02 (+1.1%)
U.S. Gas Avg
+51% since closure
$4.53
/gal
Today: +$0.02
WTI Crude
+49% since closure
$102.49
/bbl
Today: +$0.95 (+0.9%)
Next
Israel-Lebanon ceasefire expires May 18
3 days
May 18
USMCA Tariffs
25% IEEPA + 232 duties
IN EFFECT
44
Day
2026 SAAR Forecast
15.5–15.9M
▼ 16.1M
pre-crisis
View Full Tracker →
Public agencies & commodity exchanges