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

← Dashboard

Gulf war-risk insurance premium

↑ = risk

% hull value · Lloyd's JWC listed areas + GDELT coverage tempo (modelled estimate)

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.

Gulf war-risk insurance premium at 5.20 % hull value, 1980% above the 0.25 normal.

Latest

5.20% hull value

2026-10-28 04:45 UTC

Normal

~0.25% hull value

registry baseline

7D trend

▼ 48%

improving · 7d

Observed min / max

1.30 – 10.0% hull value

trailing 180 days

Model stress

50/ 100

A move of one model span (9.75 % hull value) above 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

Additional war-risk premium charged for transiting the Gulf, as % of hull value. No public price series exists (quotes are bilateral), so the level is estimated from the Lloyd's Joint War Committee listed-areas status and war-risk coverage tempo, calibrated to press-reported quotes. Underwriters price danger before headlines do. Recalibrated Aug 2026 to the post-escalation market (quotes of 3–10%).

Source: Lloyd's JWC listed areas + GDELT coverage tempo (modelled estimate).

Model weight: 8% of the composite score.