JL
Jorge Leon
Other
Jorge Leon is the head of geopolitical analysis at Rystad Energy.
Notable Quotes
"Iran has retaliated in a far more aggressive and expansive manner than in prior exchanges, targeting US military bases in the region and even conducting attacks on its key Gulf allies."View Story →
"I think we're on the edge of trying to understand if this is a very short energy crisis with limited implications, or if we're at the beginning of a massive economic and energy crisis."View Story →
"The release helps but it doesn't fully offset that disruption."View Story →
"In reality it adds very few barrels to the market."View Story →
"In reality it adds very few barrels to the market."View Story →
Related Stories
Oil prices rise more than $2 on Israel strikes on Lebanon - Reuters
Oil prices rise more than $2 on Israel strikes on Lebanon Reuters
June 7, 2026OPEC+ agrees to boost oil output when Strait of Hormuz reopens - Reuters
OPEC+ agrees to boost oil output when Strait of Hormuz reopens Reuters
April 5, 2026Countries agree to record release of emergency oil reserves as prices surge
The G7 group of nations welcomes the idea of releasing oil in response to the surge in prices since the US-Israel war with Iran began
March 11, 2026Oil price at two-year high after Qatar warns all Gulf production could stop within days
Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
March 6, 2026Iran: Strait of Hormuz, US allies and prediction markets - Reuters
Iran: Strait of Hormuz, US allies and prediction markets Reuters
March 3, 2026