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Prices Going Strait Up

Hormuz closure halts tanker traffic, strands vessels, and disrupts Asian refineries as freight spikes and crude pools in Europe.
Published: March 5, 2026
Written by:
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
16 page report
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After a week of holding our breath, there were decisive strikes by the US and Israel on Iran this weekend, and escalation followed.

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