Oil exports through the Strait of Hormuz might not return to levels seen before the Iran war

AI Summary

Oil exports through the Strait of Hormuz may not return to pre-war levels due to ongoing risks of conflict in the Persian Gulf region. Shipowners and Western commercial vessels remain cautious about the potential for abrupt fighting, impacting the oil market's stability.

The oil market might face a new reality after the Iran war in which exports through the Strait of Hormuz do not return to the levels once considered normal, as shipowners now have to weigh the risk that fighting could abruptly break out in the volatile Persian Gulf. And Western commercial ships will likely hesitate ...