Will reopening the Strait of Hormuz quickly ease oil, LNG and inflation pressures, or will the economic fallout from the three-month closure linger for years?

Acccording to the analysis by Rapidan Energy Group, if the Strait reopens in July, an average oil demand reduction of 2.6 million barrels a day and the spot-market price for…

Will reopening the Strait of Hormuz quickly ease oil, LNG and inflation pressures, or will the economic fallout from the three-month closure linger for years?

Strait of Hormuz sees limited reopening as oil and LNG tankers resume crossings, but shipping volumes and global energy flows remain far below pre-war levels.