---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39765756.md"
description: "$CNOOC(00883.HK)Hormuz Strait traffic volume drops by 95%, cannot return to normal within 60 days, and the daily reduction of tens of millions of barrels in physical flow is rapidly depleting global reserve inventories.There is an additional variable: the summer demand peak will soon collide head-on with energy shortages.Therefore, the current Brent crude oil price is an unjustified sell-off.Political statements inevitably cannot defy physical reality."
datetime: "2026-04-08T07:31:41.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39765756.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39765756.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39765756.md)
author: "[o2o](https://longbridge.com/en/profiles/13969637.md)"
---

# $CNOOC(00883.HK)Hormuz Strait traffic volume drops…


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