business

Hormuz Oil Sneakouts Rise 50% as Iran and US Vie for Control

Bloomberg Markets · Jun 11, 2026, 1:45 PM · Also reported by 4 other sources

Oil flows through the Strait of Hormuz have surged by about 50% this month, according to Vortexa Ltd., underscoring what’s at stake as the US and Iran vie for control of the critical waterway.

Read full story on Bloomberg Markets → More top stories

Also covered by

Financial Times Trump vows to take ‘total control’ of Iran’s oil and gas markets Euronews US will seize and control Iran's Kharg Island and other key oil facilities, Trump says Al Jazeera Iran shuts Hormuz strait: But wasn’t it already closed? Al Jazeera Iran says 18 targets hit across US bases, Strait of Hormuz closed

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Hormuz Oil Sneakouts Rise 50% as Iran and US Vie for Control

Also covered by

More in business