Hormuz Oil Flows Unlikely to Recover Fully by 2027, Rystad Warns

Rystad Energy forecasts that oil flows from the Strait of Hormuz are unlikely to fully recover to pre-war levels even by mid-2027, despite the possibility of a limited US-Iran agreement. Fundamental differences are expected to persist, ensuring the Middle East remains far from normal next year. A comprehensive settlement would require addressing Iran's nuclear program, sanctions, regional armed groups, and maritime security. This prolonged geopolitical uncertainty and constrained oil supply could support international crude prices, potentially impacting Pakistan's import bill and contributing to inflationary pressures, which might influence the USD/PKR rate and local gold prices.

بحوالہ / Source: oilprice.com