Market indicators reveal ongoing disruption in the Strait of Hormuz, despite conflicting reports. Key signals from insurance and shipping suggest heightened risks for energy markets.
Insurance premiums for tankers in the Strait of Hormuz have surged from approximately 0.25% to between 3.5% and 10% of vessel value, indicating significant risk assessment by underwriters. Shipping flows and physical oil pricing also reflect continued disruption. The mid-April timeline is seen as a potential turning point as temporary supply supports may expire, prompting investors to focus on real-time market indicators rather than conflicting narratives.