Expert does not rule out resumption of steady oil supplies through Hormuz by early August

AI Summary

An expert highlighted ongoing uncertainty in the oil market related to US-Iran negotiations but noted partial adaptation to geopolitical risks. The potential resumption of steady oil supplies through the Strait of Hormuz could occur by early August.

According to Alexey Belogoryev, uncertainty on the market persists because of the situation surrounding US-Iran negotiations, although market participants have already partially adapted to geopolitical risks