PUTRAJAYA, June 15 — The recovery of global oil supplies is expected to take time despite a peace deal between the United States and Iran, following infrastructure damage and...

Proposed deal calls for reopening strait, US lifting blockadeIran says changes still possible, nuclear talks laterIsrael PM says it won’t be party to the agreementDUBAI, June 13...

Experts warn oil and fuel prices may remain high as restoring production, shipping and confidence after Strait of Hormuz disruption could take months.

A deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes mean future flare-ups are possible.…

A landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already caused oil prices to drop. However,…