Wall Street Journal (June 14)
2026/ 06/ 16 by jd in Global News
Even if the U.S./Iran deal holds, it will still “take months for the oil market to return to normal.” First the mines must be removed. Even then, insurers and oil shippers “are expected to remain cautious about traveling through the waterway. It would likely take even longer for the U.S. and other countries to replenish their depleted oil inventories, keeping prices elevated.”
Tags: Cautious, Deal, Depleted, Insurers, Iran, Mines, Normal, Oil inventories, Oil market, Oil shippers, Prices, Replenish, U.S., Waterway
