Oil flows take six to eight weeks to recover after Iran deal
Updated
Updated · The Wall Street Journal · May 6
Oil flows take six to eight weeks to recover after Iran deal
5 articles · Updated · The Wall Street Journal · May 6
Rystad Energy said reopening the Strait of Hormuz would still leave energy markets disrupted for weeks, despite any diplomatic breakthrough between the US and Iran.
The consultancy said repricing transit insurance, restoring vessel operator access and rebuilding shippers' confidence would slow a return to near-preconflict volumes.
Chief oil analyst Paola Rodriguez-Masiu said a deal could move futures immediately, but physical oil markets would recover more slowly because logistics do not follow political timelines.
With recovery timelines stretching up to nine months, how might global economies adapt if the Strait of Hormuz remains unstable for longer than expected?
Could this unprecedented energy crisis accelerate a permanent shift toward renewables, or will reliance on Middle Eastern oil and gas persist?
What would it take for shipping and insurance industries to fully restore confidence in safe passage through the Strait of Hormuz?