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The Nexus
BUSINESSJun 19 · 05:36 UTCFORTUNEAngelica Ang

The U.S. and Iran have signed a peace deal. How long will it take for oil flows in Asia to return to normal?

The U.S. and Iran signed a peace deal on June 17, leading Iran to reopen the Strait of Hormuz. The conflict had disrupted global oil supplies, particularly affecting Southeast Asian markets, but experts predict it will take months for oil flows and prices to return to pre-war levels due to logistical challenges and depleted stockpiles.

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