Analyst predicts how long it will take to refill oil inventories as tensions escalate between Washington and Tehran.
GasBuddy analyst Patrick De Haan has predicted that it would take more than a year and a half for countries to refill oil inventories if the Strait of Hormuz reopens following its closure amid the U.S., Israel and Iran war.
78 Weeks To Refill Oil Inventories
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In a post on X on Monday, De Haan shared that it "loosely" takes a week for countries to refill oil inventories for every day the Strait of Hormuz remains closed.
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