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المصري اليوم
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Future of oil markets after ceasefire ends
American experts expect that tensions between the United States and Iran in the Strait of Hormuz will cause widespread disruptions in global oil and energy markets, especially after the expiration of the 60-day deadline agreed upon in the Islamabad Memorandum of Understanding, without reaching a final agreement. Iran has shown a readiness to threaten maritime navigation through the strait, which is one of the most vital arteries of global trade, potentially leading to sharp increases in oil prices if the conflict escalates significantly in the Gulf and long-term shipping disruptions occur. Statements from high officials in Washington and Tehran emphasize that the solution lies in negotiations, cautioning that military escalation could have severe consequences for global energy security.
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