Since early May, the U.S. military reported assisting in the transit of more than 660 million barrels of crude oil through the Strait of Hormuz, according to U.S. Central Command. Over roughly four months, this operation involved escorting approximately 1,300 commercial vessels navigating the strategic waterway. Capt. Tim Hawkins of Central Command emphasized that multiple shipping routes remain open for commerce despite ongoing tensions, and suggested that at least 7 million barrels per day have passed through the strait in recent weeks.

Although these numbers indicate significant flow of oil, they remain considerably below pre-war levels when about 20 million barrels per day of crude oil and refined products transited the strait. Estimates on current oil volumes vary, with U.S. officials suggesting up to 10 million barrels daily, while independent maritime analysts offer lower figures around 5 million barrels daily. The discrepancies stem from the difficulty of tracking shipments under the current conflict conditions, as many vessels operate covertly and transit mainly during nighttime.

The security environment in the Strait of Hormuz remains highly contested, with Iranian forces claiming closure of the strait until U.S. compliance with a June peace deal, while the United States maintains that the passage remains open under its control. The strait is narrowly divided between Iranian and Omani territorial waters, with the U.S. assisting ships along the southern route near Oman and enforcing a naval blockade on Iranian ports. This tension has led to attacks on at least 17 commercial vessels during July and August, resulting in fatalities and injuries among sailors.

Despite the danger, tankers navigating the strait earn substantial profits, with some crews receiving double or triple their usual pay due to the risks involved. Industry experts acknowledge that Gulf states and their allies, backed by U.S. military protection, are committed to maintaining and expanding oil exports through Hormuz. However, ongoing Iranian threats and maritime security challenges mean substantial uncertainty persists regarding the volume and safety of oil passage through this vital chokepoint.