Oil Flow Recovery Through Strait of Hormuz Expected to Be Lengthy

Despite a recent peace agreement between the U.S. and Iran, financial analysts predict that the full resumption of oil flows through the Strait of Hormuz will take several months. This cautious outlook is attributed to potential shipper reluctance and Iran's strategic objectives during upcoming nuclear negotiations. The initial peace deal had caused oil prices to drop, but the U.S. has declined to fund Iran's reconstruction.