Oil and gas majors have high hopes for a quick reopening of the Strait of Hormuz, but they have few illusions about a return to normal for the Gulf energy industry after more than three months of blockage.

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

An LNG tanker is nearing the Strait of Hormuz as the US and Iran reportedly reach a deal to reopen the vital waterway. European natural gas and oil prices fell as traders…

Shipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupted by conflict. While a US-Iran deal is…

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.…

LNG tanker nears Hormuz as US-Iran deal raises hopes for reopening the crucial waterway, impacting global gas prices.

High oil and gas prices and energy supply problems won't be solved overnight, despite Sunday's agreement to end the Iran war and reopen the Strait of Hormuz.

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.

Oil and gas flows through the Strait of Hormuz may take months to recover even if the U.S.-Iran deal is finalized.

High oil and gasoline prices, as well as energy supply issues, are unlikely to disappear overnight, despite Sunday's agreement to end the Iran war and...

Shipping groups warned Monday it was too soon to safely resume sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their…

Shipping groups warned Monday that it was too soon to start sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their…

Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles

LONDON, June 15 - A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the…

Oil and gas flows through the Strait of Hormuz may take months to recover even if the U.S.-Iran deal is finalized.

TOKYO/COPENHAGEN — Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild and nav...

The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy.

"Our working assumption is that ~80% of energy flows will resume by the end of Q3 but a return to 'normal' could stretch into 2027."

Uncertainty of peace keeps energy markets tense as traders wait for real stability before prices normalize

Major tanker operators say the U.S.-Iran agreement is a positive step, but shipping traffic through the Strait of Hormuz may take weeks or longer to normalize as companies wait…

The head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Record-high oil and gas prices are really…