The specter of a prolonged crunch in energy supplies has faded, but the disruption could take months to unwind. | World News

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…

The region relies heavily on imported food. A rush of grain is expected to reach these nations.

Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end, paving the way for a recovery…

Shipping operators and insurers prefer to wait and watch from a distance for now.

Reopening the waterway will only be a first step; crews must be changed, disrupted supply chains restarted and strategic energy reserves replenished.

The Strait of Hormuz is set to reopen after Iran and the U.S. sign a peace deal, but experts warn backlogs and security checks could delay normal shipping.

By Nidhi Verma, Siyi Liu and Joyce LeeNEW DELHI/SINGAPORE, June 18 (Reuters) - Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens…

As energy security becomes a more potent force, stress tests for countries vulnerable to supply disruptions are likely to become more severe.

The vital Strait of Hormuz shipping lane is expected to reopen on Friday after nearly four months, following the signing of a U.S.-Iran agreement to end the Middle East war.

Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.

The agreement to re-open the Strait of Hormuz has been met with swift relief in markets. But some traders worry the rally in stocks and drop in oil prices might be overdone.

The specter of a prolonged crunch in energy supplies has faded, but the disruption could take months to unwind. | World News

The reopening of the Strait of Hormuz offers relief to exporters amid ongoing shipping risks and rising logistics costs.

Strait of Hormuz set to reopen amid easing US-Iran tensions. Traffic returns to normal by end of June at 7.5% YES.

Shipping through the Strait of Hormuz is recovering after a US-Iran agreement reopened the vital oil chokepoint, but Goldman Sachs and Oxford Economics see a longer road back to…