Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
Energy experts anticipate that global oil and gasoline prices and supply issues will persist for months, even after an agreement to end the Iran war and reopen the Strait of Hormuz. The complex logistics of shipping, refining, and restarting shut-in production facilities mean a full recovery will be a slow process. Some regions with alternative export routes may recover faster, while others, like Iraq, could face significant delays, potentially taking up to a year to return to pre-war production levels. AI
