# AP

Type: organization

Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/ap
Canonical HTML page: https://getsupplybrief.com/entity/ap

## Timeline

- **2026-06-15**: Tentative peace deal announced — A diplomatic breakthrough sends oil prices down to about $80/barrel, but experts caution that consumer prices will lag.
- **2026-04-15**: Oil price peaks above $120/barrel — U.S. benchmark crude spikes to over $120 per barrel as supply concerns intensify and the strait remains contested.
- **2026-03-15**: Iran war begins — Conflict erupts over the Strait of Hormuz, disrupting oil and goods flow; crude oil at $67/barrel pre-war.

## Recent coverage (1 stories)

### $80 oil is only the start: Supply chains face months of inflation aftershocks
2026-07-12 09:37:08 · Sentiment: Bearish · Impact: 7/10 · Sources: 4

Even with crude back to $80, logistics and procurement managers must brace for extended price stickiness in fuel, fertilizer, and raw materials as the Strait of Hormuz recovery bump continues.
Full story: https://getsupplybrief.com/story/supply-chain-iran-war-price-lag

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