Oil Market Recovery to Take 3-5 Months

The global oil market is expected to take three to five months to return to normal following a potential ceasefire due to disruptions in the Strait of Hormuz. The strategic waterway, a critical point for oil transport, is proving difficult to reopen quickly, with shipping and insurance companies reacting to the threat of attacks. This situation highlights the vulnerability of global energy supplies amid ongoing conflict in the Middle East.

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