The U.S. and Iran are close to a deal—but analysts at say it could take until summer 2027 for energy markets to fully recover.

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

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.

NEW YORK — 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...

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

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

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.…

Economists warn inflation across Asian economies will also take time to subside

Economists warn inflation across Asian economies will also take time to subside

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.

A US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts…

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.

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...

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…

The IMF warns that the US-Iran framework deal won't quickly restore energy supply after the Strait of Hormuz closure caused a 13% drop in global oil output.

A deal between the US and Iran signals a post-war future. The oil market will see significant shifts. Energy resilience will drive demand for renewables. Oil trade will fragment,…

"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."

Producers will need time to ramp up output, while port bottlenecks and heightened demand will keep US prices up.

A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a temporary blip. While immediate relief…

The Iran conflict disrupted oil and LNG supplies, but it may also accelerate EV adoption, renewable energy growth and changes in global fuel demand.

The heat in the Middle East appears to be finally cooling after over 3 months as the US and Iran have reached a tentative agreement to end the war. The conflict rattled energy and…