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.

← Dashboard

China imports of Iranian crude

↓ = risk

kb/d · UN Comtrade public preview (China imports from Malaysia as relabelled-Iran proxy)

1,543 kb/d vs a normal ~1,400 — currently at 110% of normal.

This reading is older than the source's freshness budget (last data 2024-12-01 00:00 UTC) — it is currently excluded from the composite score and shown here for reference only. The score renormalizes over the live indicators.

Latest

1,543kb/d

2024-12-01 00:00 UTC

Normal

~1,400kb/d

registry baseline

7D trend

▼ 4%

worsening · 7d

Observed min / max

980.0 – 1,750kb/d

all available readings

Model stress

0/ 100

Full stress (100) at ≈ 700.0 kb/d or lower — baseline minus the model span; 0 is the floor for counts.

History

all available readings

About this indicator

Chinese purchases of discounted Iranian crude, proxied by China's officially reported crude imports from Malaysia (the known relabelling channel — direct China–Iran reporting stopped in 2021). If Beijing keeps buying, Tehran retains its revenue lifeline; a collapse signals severe pressure and raises escalation risk.

Source: UN Comtrade public preview (China imports from Malaysia as relabelled-Iran proxy).

Model weight: 10% of the composite score.