Chief Economist Desk: Strait of Hormuz, energy supply disruptions and long-term scenarios

Chief Economist Desk: Strait of Hormuz, energy supply disruptions and long-term scenarios
Subject

Chief Economist Desk, in conversation about the Middle East

Publication

23 March 2026

Strait of Hormuz, energy supply disruptions and long-term scenarios

Rystad Energy’s Chief Economist Claudio Galimberti and Head of Americas Commercial & Marketing Amir Zaman sat down at our Calgary Energy Forum on Tuesday, 17 March, to discuss the escalating war in the Middle East. Together they reflected on developments thus far, drew parallels between the current geopolitical environment and historical occurrences and discussed the critical elements needed to lessen the long-term implications to the global energy market overall.

Impacts of a continued Strait of Hormuz closure

Energy crisis in a historical context and comparison

Long-term scenarios for an ongoing conflict

What to watch when evaluating the economic impacts of the situation

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