Fertiliser availability and prices may take another three to four months to return to normal despite a tentative US-Iran peace agreement and the expected reopening of the Strait of Hormuz, industry executives said.

Mine-clearing operations, infrastructure repairs and security guarantees may be required before commercial traffic fully resumes at the Strait of Hormuz. | World News

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.

The landmark US-Iran peace deal will see the Strait of Hormuz reopened within 30 days, allowing roughly 20 per cent of the world's oil and gas supplies to flow freely again

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.…

Elevated inflation and supply-chain strains are likely to linger through the end of 2026. Read more at straitstimes.com. Read more at straitstimes.com.

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.

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...

Global markets rallied and oil prices fell sharply after the US and Iran agreed to a framework aimed at reopening the Strait of Hormuz, but analysts warn the road to normalisation…

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…

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,…

Fertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia prices may stabilize soon. Sulphur…

"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.

The development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.

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