Two Strait of Hormuz attacks that occurred on November 7 were confirmed with delay on November 8 by the UKMTO: a tanker caught fire near Khasab, Oman, forcing the evacuation of its crew, and a second tanker was struck by an unidentified projectile while leaving the strait. Brent crude hovered around its previous week’s closing levels on Monday, November 9, with readings checked throughout the day diverging too much to settle on a single price and change figure.
Two incidents confirmed with delay in the Strait of Hormuz
In its advisory update 112 published on November 8, the Joint Maritime Information Center (UKMTO) reported having received a time-late report concerning November 7: a tanker located roughly 8 nautical miles northwest of Khasab, Oman, caught fire, which led to the evacuation of the crew according to the military authorities cited in the report. UKMTO received a time-late report that on 07 Nov military authorities reported that a tanker approx. 8 NM northwest of Khasab, Oman, was on fire, which resulted in the evacuation of the crew.
On the same day, a second tanker was struck by an unidentified projectile as it was leaving the strait heading out to open water. The vessel’s Company Security Officer reported that the ship had been hit, but that the entire crew was safe and accounted for and that no environmental impact had been observed. UKMTO received a time-late report that on 07 Nov the Company Security Officer of a tanker reported that the vessel was struck by an unknown projectile while transiting outbound through the Strait of Hormuz. All crew are safe and accounted for and there is no reported environmental impact.
A third vessel disabled as part of the naval blockade
Also on November 7, a vessel identified by US CENTCOM as the HUDA was disabled by military forces in the Gulf of Oman, roughly 18 nautical miles east of Khor Fakkan, United Arab Emirates. UKMTO reported that on 07 Nov, a vessel identified by US CENTCOM as the HUDA, was disabled by military forces in the Gulf of Oman, approx. 18 NM east of Khor Fakkan, UAE. According to official CENTCOM figures published the same day, 147 commercial vessels have been redirected and five merchant vessels have been disabled since the naval blockade began being enforced. The Joint Maritime Information Center keeps the regional threat level at SEVERE, assessing that a deliberate hostile action remains highly likely under current conditions, citing the recent Iranian attacks.
Brent fluctuates early in the week after a stable weekly close
After a week marked by several incidents in the Gulf, Brent crude started the week of November 9 with no clear direction: readings obtained from Trading Economics throughout the day ranged between $97.67 and $98.33 depending on when they were checked, which does not allow for a single closing level to be retained. This fluctuation remains modest given the context of persistent maritime tension flagged by the UKMTO.
Wall Street ends the week mixed, futures hesitant on Monday
On Friday, November 6, the S&P 500 rose 0.31% to 7,376.86 points and the Nasdaq Composite gained 1.09% to 24,579.43 points, while the Dow Jones fell 237.33 points, or 0.46%, to 51,285.73 points. On Monday morning, ahead of the opening bell, US futures are trading mixed: Dow Jones futures are up 0.3%, S&P 500 futures are nearly flat, and Nasdaq 100 futures are down 0.4%, as investors focus on Tuesday’s CPI release and Friday’s PPI report to gauge the Fed’s next monetary policy decision.
| Indicator | Value | Change | Date |
|---|---|---|---|
| Brent | between $97.67 and $98.33 depending on the reading | undetermined | November 9, 2026 |
| S&P 500 (close) | 7,376.86 points | +0.31% | November 6, 2026 |
| Nasdaq Composite (close) | 24,579.43 points | +1.09% | November 6, 2026 |
| Dow Jones (close) | 51,285.73 points | -0.46% | November 6, 2026 |
This week’s agenda: October CPI due Tuesday
According to the official calendar of the Bureau of Labor Statistics, the October 2026 Consumer Price Index (CPI) will be released on Tuesday, November 10, 2026, at 8:30 AM Eastern Time, not this Monday. The October PPI is expected on Friday, November 13, according to Trading Economics, though neither a precise time nor a numerical forecast has been confirmed by the issuing institution at this stage.
Frequently asked questions
Why did the UKMTO confirm these attacks with delay?
The UKMTO described its own report as a “time-late report” in its November 8 update, meaning that information about the November 7 incidents reached it after they occurred. This delay is common in high-risk maritime zones, where crews and security companies submit their reports once the situation has stabilized.
What does the SEVERE threat level actually mean?
The Joint Maritime Information Center classifies the Strait of Hormuz at the SEVERE level, meaning a deliberate hostile action is judged highly likely under current conditions, citing the recent Iranian attacks reported in the same update. This level reflects the persistence of the risk rather than an isolated event.
Does the level of Brent reflect reduced tension in the Gulf?
No, nothing in the sources supports that conclusion. Brent readings on November 9 vary depending on when they were checked, a modest fluctuation compared with the attacks confirmed the day before by the UKMTO; the two developments are not linked by any causal explanation in the sources consulted.
Why isn’t the CPI released this Monday?
The official calendar from the Bureau of Labor Statistics sets the release of the October 2026 CPI for Tuesday, November 10, at 8:30 AM Eastern Time. An earlier provisional calendar may have suggested an earlier release, but the date confirmed by the issuing institution is indeed Tuesday.
To better understand how these maritime tensions have unfolded in recent days, read the November 8, 2026 briefing on Brent holding at $98.32 after weekend Gulf incidents and the November 7, 2026 briefing on the Nasdaq rebound and Brent’s weekly close at $98.32. The earlier episode of tanker attacks is detailed in the November 6, 2026 briefing on Wall Street’s worst session of the year.