# Rystad Energy Type: Company Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/rystad-energy Canonical HTML page: https://getsupplybrief.com/entity/rystad-energy ## 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. - **2026-06-29**: Market chaos becomes apparent — Brent crude sinks back to $73, yet ship‑tracking data shows crossings still far below normal levels while shut‑in production across the Gulf remains at 9.6 million bpd. - **2026-06-26**: Interim deal reopens the Strait — A US‑Iran agreement allows commercial traffic to resume, triggering an immediate exodus of dozens of laden tankers that had been stranded for over 100 days. - **2026-06-22**: Analysts publish permanent demand destruction estimates — Rystad Energy, Energy Aspects, and FGE release projections showing 200,000‑600,000 bpd of Chinese transport fuel demand may never return. - **2026-04**: EV registrations hit 42% of China’s new car sales — Fully electric vehicles surge from 38% in March, fueled by high fuel prices and government incentives; China Automotive Technology and Research Center data. - **2026-03-20**: Strait of Hormuz closure begins — Military conflict between the US and Iran effectively paralyses the waterway, trapping tankers inside the Gulf and cutting off roughly a fifth of global oil trade. - **2026-03-01**: Military Escalation — U.S. and Israeli attacks on Iran occur; retaliatory strikes hit Gulf installations and two vessels. - **2026-03-01**: Market Opening — Trading begins Sunday night with an immediate 8% surge in crude benchmarks. - **2026-03**: Iran conflict escalates, oil prices surge — Military confrontation disrupts Strait of Hormuz traffic, triggering war‑risk premiums and supply uncertainty for Chinese imports. - **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. - **2026-02-27**: Market Close — Oil prices hit a seven-month high with Brent at $72.87 and WTI at $67. - **2026-02-15**: Initial Disruption — Iran temporarily shuts parts of the Strait of Hormuz for military drills, causing a 6% price jump. ## Recent coverage (4 stories) ### 20M bpd Crude Flood Meets Empty Inbound Tankers: Hormuz Supply Chain in Chaos 2026-07-12 06:07:15 · Sentiment: Negative · Impact: 8/10 · Sources: 2 The reopening of the Strait of Hormuz has unleashed a storm of trapped crude, briefly pushing flows above 20 million bpd, but a critical shortage of inbound tankers is derailing the restart of production. Supply chain professionals must navigate a fractured rebalancing that distorts freight markets and inventory planning. Full story: https://getsupplybrief.com/story/hormuz-oil-exodus-supply-chain-chaos ### Strait of Hormuz Tanker Halt Sends Fuel Logistics Into Chaos at $3.80/Gallon 2026-07-12 00:56:55 · Sentiment: Negative · 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 ### China's 3.3M bpd Import Crash Exposes Permanent Chokepoint Risk 2026-06-22 18:24:36 · Sentiment: Negative · Impact: 7/10 · Sources: 2 The Iran conflict has carved out a permanent 200,000‑600,000 bpd hole in China’s oil demand, while a staggering 3.3 million bpd quarterly import drop lays bare the fragility of tanker routes, stockpiling strategies, and refining supply chains. Full story: https://getsupplybrief.com/story/china-oil-imports-supply-chain-iran-war ### Middle East Conflict Triggers 8% Oil Spike, Threatening Energy Supply Chains 2026-03-02 02:09:28 · Sentiment: Negative · Impact: 8/10 · Sources: 8 Crude oil prices surged 8% following military strikes between the U.S., Israel, and Iran, directly impacting the Strait of Hormuz. With 20% of global oil supply at risk, the logistics sector faces immediate fuel surcharges and heightened inflationary pressure. Full story: https://getsupplybrief.com/story/middle-east-oil-spike-strait-of-hormuz-disruption --- This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getsupplybrief.com/guides/methodology for the full editorial methodology.