24 Hrs
Source:
CNN Arabic
Analysis of post-war scenarios
The article discusses the possibility that the ongoing conflict around the Strait of Hormuz may come to an end and that the strait could be reopened, based on statements made by U.S. President Donald Trump, who indicated that peace with Iran seems near. Reports suggest that Iran employed strict measures to close the strait, which is one of the most important global energy passages, leading to a blockage of one-fifth of the world's oil production. Reopening the strait involves several time-consuming steps, such as removing blockages, depleting reserves, resuming production, and carrying out necessary infrastructure repairs. Restoring full oil movement is expected to take weeks to months, facing multiple logistical and strategic challenges, as Iran continues to threaten and security risks remain. International oil prices hover around high levels, and forecasts are based on the possibility of things returning to normal, but the situation remains uncertain.
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