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Context Call: July 2026 (Video)
Post-MOU status of shipping flows through the Strait of Hormuz, the ongoing depression in China’s crude import appetite, and the emergence of the…
2 hrs ago
•
Rory Johnston
9
1:12:42
[FREE] Is Big Oil ‘Price Gouging’?
Reduced global refinery capacity, not corporate greed, is keeping pump prices high.
6 hrs ago
•
Rory Johnston
26
1
1
Getting Our Bearings Strait
Assessing the pace and sustainability of the faster-than-expected post-MOU recovery in oil flows—both ways—through the Strait of Hormuz and the…
Jul 2
•
Rory Johnston
36
2
Context Call: June 2026 (Video)
Updates to our tracking of transits through the Strait of Hormuz, the critical role of China in counterbalancing the loss of Middle Eastern exports, and…
Jun 4
•
Rory Johnston
21
4
1:13:48
[FREE] A Beginner’s Guide to Reopening the Strait
Even if the Iran war ended today, rebuilding the Middle East’s energy shipping and production capacity could take months or even years.
Jun 4
•
Rory Johnston
48
1
Chinese Demand Destruction or Strategic Supply?
Despite a ~40% collapse in Chinese crude imports, data point to massive Chinese market support in the form of heavy SPR releases (both crude and refined…
May 21
•
Rory Johnston
89
3
8
Context Call: May 2026 (Video)
Understanding the Sanguine Strait Stoppage after more than 2 months with Hormuz closed and more than a billion barrels guaranteed already lost.
May 6
•
Rory Johnston
25
1
1:19:51
Sanguine Strait Stoppage
Making sense of relatively low crude prices through nearly two months of the largest oil supply shock in history
Apr 23
•
Rory Johnston
76
4
The Billion Barrel Cost of a Longer Iran War
The total volume of unproduced Gulf barrels is set to rise above one billion barrels over full shock duration; lost production in April alone will…
Apr 2
•
Rory Johnston
58
1
2
[FREE] From Glutted to Gutted
Are We Approaching an Unprecedented Energy Crisis? Attempts to reroute or offset Iranian-throttled oil continue to fall short.
Mar 28
•
Rory Johnston
67
2
4
Context Call: March 2026
The staggering barrel math behind the Iran War and the Strait of Hormuz stoppage, an overview of market impacts, likely future trajectories of the…
Mar 27
•
Rory Johnston
20
1:03:57
No End in Sight
The Trump administration continues to press its point in the Iran war and, despite some initial signs of wavering earlier this week, there are not yet…
Mar 12
•
Rory Johnston
36
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