# Jorge Leon

Type: Person

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

## Timeline

- **2026-07-08**: Ceasefire Declared Over, Oil Prices Spike — President Trump declares the US‑Iran ceasefire over; oil prices jump to a multi‑week high and tanker traffic halts.
- **2026-07-07**: Iranian Attacks in the Gulf — Iran launches attacks on commercial ships in the Strait of Hormuz and on American military sites in Gulf nations.
- **2026-07-03**: SPR Hits 319.5 Million Barrels — The U.S. Strategic Petroleum Reserve inventory drops to 319.5 million barrels, the lowest since the mid‑1980s.
- **2026-03-01**: Emergency Stockpile Releases Begin — The U.S. and other countries begin releasing oil from strategic reserves to suppress war‑driven price spikes.

## Recent coverage (1 stories)

### Strait of Hormuz Tanker Halt Sends Fuel Logistics Into Chaos at $3.80/Gallon
2026-07-12 00:56:55 · Sentiment: Bearish · Impact: 7/10 · Sources: 4

The ceasefire collapse has stopped commercial tanker traffic through the Strait of Hormuz, threatening global fuel supply chains. With crude oil at multi-week highs and the U.S. Strategic Petroleum Reserve at 319.5 million barrels, logistics firms face soaring insurance and shipping costs. Gasoline at $3.80/gallon may only be the beginning of a renewed fuel‑price crunch for transport‑dependent industries.
Full story: https://getsupplybrief.com/story/strait-of-hormuz-tanker-halt-supply-chain-shock

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