The US-Iran agreement to reopen the Strait of Hormuz may alleviate immediate energy concerns, but analysts predict weeks-long delays due to a backlog of 500 stranded ships.
The delay is largely due to a backlog of around 500 stranded ships and other security concerns
Jun 15, 2026
11:27 am
What's the storyThe recent US-Iran agreement to reopen the Strait of Hormuz is a welcome development for global energy markets.
However, experts warn that it could take weeks, not days, to restore normal oil flows through this vital waterway.
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