HORMUZ OIL INTELLIGENCE

Iran Oil & Hormuz Flow

Iran-linked crude pricing, Gulf benchmarks and Hormuz shipping stress in one transparent market view.

Snapshot refreshed 17 minutes ago

IRAN PRICE · MEDIUM CONFIDENCE

IRAN HEAVY $84.15 Daily reference · 2026-08-28

GME OMAN $91.67 GME official daily marker · 28 Aug, 2026

BRENT SPOT $88.24 2026 Aug-24 to Aug-28

HORMUZ FLOW STRESS 87/100 SEVERE · ESTIMATE

IRAN CRUDE SUPPLY

Iran crude oil production

million barrels / day

OPEC secondary sources 2.48 mb/d Jul 2026 · +27 kb/d m/m · headline estimate

IEA OMR 2.63 mb/d Jul 2026 · independent cross-check

CRUDE BENCHMARKS

Regional crude benchmarks

USD / bbl

Iran Heavy daily referenceObserved · TGJU daily Iran Heavy · 2026-08-28

$84.15

Iran Heavy cross-checkIndependent frontend · OilMonster · August 21, 2026

$89.31

Oman referenceRegional · GME official daily marker

$91.67

Brent spotGlobal · EIA

$88.24

STRAIT & SHIPPING

Flow conditions

NEAR-CLOSED

Throughput<2%of normal

Transits≈024h · 60 normal

Waiting vessels150+reported

War risk>16×16× normal

Tanker freight~3×reported spot-rate multiple

Reported statusCLOSEDsource label, not the model status

WHAT THE DATA SAYS

The daily Iran Heavy reference is $4.09 below the latest Brent spot reference. Hormuz flow stress is severe at 87/100. The latest traffic source reports throughput below 2% of normal.

IRAN / BRENT-4.1 $/bbl

OMAN / BRENT+3.4 $/bbl

MODEL IRAN / OMAN BASIS—