Oil flows shift sharply between Strait of Hormuz and Bab el-Mandeb amid regional disruptions

🛢 Hormuz oil transit drops from 21.6M barrels per day in Q4 2025 to 4.9M in Q2 2026

🚢 Bab el-Mandeb volumes rise from 5.4M to 8.1M barrels per day over same period

📊 Bab el-Mandeb overtakes Hormuz in daily oil transit in Q2 2026