HORMUZ SIGNALescalation risk monitor

A live gauge of Iran-conflict risk for oil markets — built from shipping, insurance, and energy data, not headlines.

Watch the strait, not the statements

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US commercial crude stocks (excl. SPR)

↓ = risk

mbbl · EIA Weekly Petroleum Status Report

One of the 13 inputs to the composite score. This page shows the latest reading against its peacetime baseline, the recent history, and how much stress this indicator currently adds.

410.6 mbbl vs a normal ~450.0 — currently at 91% of normal.

Latest

410.6mbbl

2026-10-23 00:00 UTC

Normal

~450.0mbbl

registry baseline

7D trend

▼ 0%

flat · 7d

Observed min / max

404.5 – 452.9mbbl

trailing 180 days

Model stress

57/ 100

A move of one model span (60.0 mbbl) below the baseline corresponds to 66.7 stress. Stress rises toward 100 as conditions worsen; 100 is never reached.

History

trailing 180 days

About this indicator

US commercial crude inventories. Tightening inventories mean the market has less buffer against a Gulf supply shock.

Source: EIA Weekly Petroleum Status Report.

Model weight: 8% of the composite score.