Oil Recovery Through Hormuz Expected to Be Gradual Post-US-Iran Deal

Financial analysts predict that the full restoration of oil flows through the Strait of Hormuz and overall crude production will require several months, despite a recent U.S.-Iran peace agreement. While the deal has eased immediate supply concerns, leading to a drop in oil prices, the return of significant shut-in production is a complex process. Experts anticipate normalization of exports by late July and full production recovery by October.