21 Hrs
Source:
The Boston Globe
Iran War Agreement Doesn't Tackle High Energy Prices
Despite an announcement to end the Iran conflict and reopen the Strait of Hormuz, energy experts estimate it will take months for oil production and shipping operations to fully resume. Stranded ships have been unable to pass through the strait for over three months, and restarting oil extraction is slow due to safety concerns and logistical challenges. Countries like Saudi Arabia and the UAE may recover faster, while others such as Iraq could face delays of up to a year. It will take time for supply stability and investment to rebuild after the disruption.
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