The fragile truce between Iran and the US has yet to yield a clear timeline for oil and gas prices to rebound to pre-conflict levels, leaving many to wonder when normalcy will be restored.
According to maritime expert Rockford Weitz, professor of practice at The Fletcher School at Tufts University, pinpointing a specific timeframe for price recovery is premature.
“We’re dealing with the most significant market disruption in history,” Weitz noted, emphasizing the complexity of the situation.