Summary
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U.S. Central Command said on August 1, 2026 that it had redirected 30 commercial vessels, disabled two and boarded two more while enforcing its blockade against Iran, with roughly 30 additional ships waved through on humanitarian grounds. The Strait of Hormuz normally carries about 21 million barrels of oil per day, or some 21% of global petroleum liquids consumption. Carriers rerouting around the Cape of Good Hope are adding 10 to 14 days per voyage, while war-risk insurance premiums for Gulf transits have climbed as much as 300% since the conflict began five months ago.