Energy experts say it could take months for oil supply through the Strait of Hormuz to normalise even after the US-Iran deal reopens the waterway to shipping.
Energy experts say it could take months for oil supply through the Strait of Hormuz to normalise even after the US-Iran deal reopens the waterway to shipping.
Brent crude fell nearly 5% to $83 a barrel Monday as the US-Iran peace deal and the formal reopening of the Strait of Hormuz eased months of supply fears.