Global energy markets are expected to remain tight well into 2027, despite a recent memorandum of understanding between the U.S. and Iran to reopen the Strait of Hormuz. Analysts from S&P Global and Oxford Economics note that repairing supply chains, addressing high insurance costs, and rebuilding infrastructure will take considerable time. While some recovery in oil production is anticipated by the third quarter of 2026, a full return to pre-war normal is not expected until the following year. AI
RANK_REASON The article discusses expert analysis and predictions regarding the energy market's recovery, rather than reporting on a new event or release.
- Capital Economics
- Donald Trump
- International Energy Agency
- Iran
- Oxford Economics
- Saudi Arabia
- S&P Global
- Strait of Hormuz
- United Arab Emirates
- U.S.
- Wood Mackenzie
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