Shipping Stress Index — November 2026: 42.7

The Shipping Stress Index experienced a sharp rise early in November 2026, reaching its peak of 51 on November 3 after tankers were hit in the Strait of Hormuz. Tension was driven by a US naval blockade and Iran's statements that the strait would remain closed unless the blockade ended, forcing shippers to look at alternative oil and gas routes. However, stress began to cool as Iran offered a two-day window to open the strait for a deal, and President Trump repeatedly stated the conflict would end soon. These hopes for a Hormuz deal caused oil prices to fall, even while the US considered potential strikes and kept options on the table. By the end of the month, the index had settled down, averaging 42.7 overall after starting at its lowest point of 38 on November 1.

Peak 51 on 2026-11-03 · low 38 on 2026-11-01 · live month, refreshes daily · ← October · Shipping Stress Index timeline · · World Tension, same month

• Iran war live: Tankers hit in Hormuz; Trump again says conflict to end soon Al Jazeera · 2026-11-02
• Iran Offers Two-Day Strait of Hormuz Reopening If U.S. Accepts Demands, Trump Threatens Decisive Strike NewsCord · 2026-11-02
• Iran gives 2-day window for Hormuz deal as US mulls strikes: What to know Al-Monitor · 2026-11-02
• Iran’s Foreign Ministry Says Strait Of Hormuz Won’t Reopen Until US Ends Naval Blockade: 16 outlets compared NewsCord · 2026-11-02
• Alternative Routes for Middle East Oil and Gas Due to Hormuz Disruption EnergyNow.com · 2026-11-02
• Pakistan LNG Cargo Attacked Near Hormuz Had Iranian Approval Bloomberg.com · 2026-11-01
• Trump, Netanyahu discuss Iran as Tehran reports tanker explosions in Strait of Hormuz Ynetnews · 2026-11-01
• Iran Reports Explosions on Two Oil Tankers in Strait of Hormuz Caspian Post · 2026-11-02

• Iran gives 2-day window for Hormuz deal as US mulls strikes: What to know
• Oil falls on Hormuz deal hopes but Trump keeps strikes on the table
• Iran Says It Would Reopen Strait of Hormuz in 2 Days as Part of U.S. Deal
• Iran offers to reopen Hormuz in 2 days as draft US deal circulates | Daily Sabah