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Hormuz Oil Flows Unlikely to Return to Pre-War Levels, Rystad Says

Source: OilPrice.com · Nov 03, 2026 17:30 UTC

The Quick Take

The United States and Iran could reach some form of a limited agreement by the middle of 2027, which would allow oil flows from the Strait of Hormuz to continue to gradually recover, but fundamental differences will remain, and the Middle East situation will remain far from normal next year, according to Rystad Energy. “Achieving a comprehensive settlement would require addressing issues related t

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