Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens - short news
Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles
Oil prices hit three-month low and markets rally
After more than 100 days of the greatest recorded disruption to the world’s energy supplies, the global oil and gas markets have breathed a sigh of relief.
Hours after Donald Trump confirmed that a US-Iran peace deal would lead to the reopening of the strait of Hormuz for tankers carrying millions of..
source: The Guardian - 15.06.2026