Oil Flows Through Hormuz Expected to Take Months to Recover, Banks Say

Analysts from Goldman Sachs, BNP Paribas, and Bank of America say oil flows through the Strait of Hormuz will take several months to recover following a U.S.-Iran interim peace deal. Despite recent declines in Brent crude prices due to eased supply concerns, logistical challenges like mine clearance may prolong market deficits into late 2026.

By Reuters Thu, June 18, 2026 at 5:41 PM GMT+3 1 min read · Yahoo Finance · June 18, 2026, 14:41 UTC

Tickers: $BAC $GS

Topics: Hormuz Strait oil prices shipping disruptions U.S.-Iran deal

Read the full article at Yahoo Finance

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