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Energy firms brace for ‘new era’ despite Hormuz deal
The world’s 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.
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straitstimes.com
LNG tanker heads toward Hormuz as peace deal raises hopes of key waterway reopening
Other movement around the strait – a vital waterway for global oil and gas – appears limited in the early hours of June 15. Read more at straitstimes.com. Read more at…
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LNG tanker heads toward Hormuz as shippers await details on strait reopening, mine clearance
Other movement around the strait – a vital waterway for global oil and gas – appears limited in the early hours of June 15. Read more at straitstimes.com. Read more at…
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thestar.com
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
NEW YORK (AP) — High oil and gasoline prices and energy supply problems won't be solved overnight, despite an agreement to end the Iran war and open the Strait of
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fortune.com
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say | Fortune
In addition, some producers in the Middle East paused extracting oil from the ground, known as a shut-in, when they ran out of storage space.
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thehindubusinessline.com
Oil supply recovery may take months despite Strait of Hormuz reopening
Experts warn oil and fuel prices may remain high as restoring production, shipping and confidence after Strait of Hormuz disruption could take months.
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economictimes.indiatimes.com
Indian LNG tanker heads toward Strait of Hormuz as US-Iran deal lifts reopening hopes
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…
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Fragile Iran deal offers oil relief, but Hormuz risks remain
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.…
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Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exit
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…
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LNG tanker heads toward Hormuz as deal lifts reopening hopes
LNG tanker nears Hormuz as US-Iran deal raises hopes for reopening the crucial waterway, impacting global gas prices.
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euronews.com
Energy experts warn of slow oil supply recovery after Iran deal
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.
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newsbytesapp.com
Why reopening Hormuz won't immediately ease oil supply woes
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.
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oilprice.com
U.S.-Iran Deal Doesn’t Mean a Swift Return of Oil and Gas Flows | OilPrice.com
Oil and gas flows through the Strait of Hormuz may take months to recover even if the U.S.-Iran deal is finalized.
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businessday.ng
500 ships stuck as Hormuz reopening stalls despite US-Iran deal - Businessday NG
More than 500 vessels remain stranded in the Middle East Gulf as efforts to reopen the Strait of Hormuz continue
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hurriyetdailynews.com
Oil, gas supplies could take months to return to normal, say experts - Latest News
High oil and gasoline prices and energy supply problems won’t be solved overnight, despite an agreement to end the Iran war and open the Strait of Hormuz announced on June 14.
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dailysabah.com
Oil, gas supplies may need months to recover post-Iran deal: Experts
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...
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al-monitor.com
'Start your engines'? Shippers wary on Hormuz reopening
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…
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rfi.fr
'Start your engines'? Shipping groups wary on Hormuz reopening
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…
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theguardian.com
Return to pre-crisis oil and gas supplies months away even if strait of Hormuz reopens
Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles
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First LNG Tanker Clears Hormuz After U.S.-Iran Deal Announcement | OilPrice.com
The first LNG tanker carrying energy cargo passed through the Strait of Hormuz after the U.S. and Iran agreed to reopen the waterway, although shipping companies remain cautious…
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Explainer-Middle East oil and gas output will take months to fully recover
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…