Hormuz Trade Will Take Months to Return to Normal, Analysts Say (opens original article in a new tab)

Analysts say Hormuz trade will take months to return to normal despite an interim US-Iran agreement, as trust issues and supply chain adjustments delay full recovery.

• Oil markets reacted positively to an interim US-Iran agreement to reopen the Strait of Hormuz.
• Analysts warn that full trade normalization could take months due to lingering trust issues and supply chain adjustments.
• Alternative supply routes and increased insurance costs may slow the return to pre-disruption trade levels.