Ships beginning to trickle through Strait of Hormuz — here’s how long it will take to return to normal
NY Post
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Ships are slowly trickling through the Strait of Hormuz following the initial peace deal signing between the US and Iran — but it will take more than two months for traffic to return to pre-war levels, experts warned.
Oil Prices Tumble on Hormuz Reopening Hopes
- Global oil prices break below $80 for the first time since the Iran war began. Ships still aren’t passing through Hormuz. MarketWatch —
- Oil Falls Below $80 For First Time in More Than Three Months Bloomberg —
- Oil drops below $80 on US-Iran deal Vanguard News —
- Oil prices fall back to US$80 per barrel amid optimism over Mideast peace deal Global News —
- Oil Prices Might Not Go Back to Normal Anytime Soon The Atlantic —