DRIVE-BY MEDIA: Oil tankers never stopped crossing the Strait of Hormuz. They turned off mandatory AIS tracking to move through safely and switched it back on after. Media reported a crisis that was not happening causing oil and gas prices to spike.
h/t @MarineTraffic
Oil dropped 32% upon this news
https://x.com/amuse/status/2031127931322282242?s=46
Do you still stand by the comment you made about oil tankers crossing the Strait of Hormuz and this not being a crisis?
March 14, 2026
Fearing attacks, oil tankers have all but stopped transiting the Strait of Hormuz, which carries around 20% of global oil — with mostly Iranian and Chinese ships making it through. And with nowhere to send their supply, some major Arab oil exporters have cut production. Over the last two weeks, oil prices have jumped around 40% amid worries about a supply crunch.
https://www.cbsnews.com/news/trump-escort-oil-tankers-strait-of-hormuz-how-would-that-work/March 13 - The Guardian
More than 1,000 cargo ships, mainly oil and gas tankers, have been blocked from transiting the strait of Hormuz by the Israeli-US war against Iran after Tehran closed the key maritime passage.
https://www.theguardian.com/world/2026/mar/13/what-is-strait-hormuz-can-us-stop-iran-blocking-itMarch 14, 2026 - The Dispatch
On Wednesday, the International Energy Agency agreed to the release of 400 million barrels of oil from member nations’ strategic reserves in response to Iran’s closure of the Strait of Hormuz.
https://thedispatch.com/newsletter/weekly/iran-war-oil-strait-hormuz-khamenei/March 14, 2026 -
FOX NewsIran holds world energy hostage with 'nightmare' Strait of Hormuz Sea mines
March 5, 2026
Watch shipping through the Strait of Hormuz grind to a halt amid Iran conflict
March 11, 2026
300 ships waiting outside the Strait of Hormuz as US weighs vessel escorts
https://www.foxnews.com/search-results/search#q=Strait%20of%20Hormuz