Walter BloombergEnergy

OIL RECOVERY WILL LAG ANY IRAN DEAL Even with a U.S.–Iran breakthrough reopening the Strait of Hormuz, oil markets may take 6–8 weeks to no…

OIL RECOVERY WILL LAG ANY IRAN DEAL Even with a U.S.–Iran breakthrough reopening the Strait of Hormuz, oil markets may take 6–8 weeks to normalize. Rystad Energy says insurance repricing, shipping access, and rebuilding confidence will delay flows, despite likely immediate moves in futures prices.
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