Hormuz Oil Flows Unlikely to Return to Pre-War Levels, Rystad Says
OilPrice.com · Michael Kern ·
Rystad Energy expects Hormuz oil flows to keep recovering but stay below pre-war levels, with Gulf exports near 12 million bpd versus 18 million before.
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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.
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