Middle East oil and gas output will take months to fully recover | TheStarTV.com

Middle East oil and gas output will take months to fully recover

Published on 16 Jun 2026 10:54:13 AM

A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the return of flows.

But industry officials say a full return to pre-war production and refining levels is likely to take weeks, months or even years.

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news, thestartv, the star, oil, gas, output, hormuz, iran, trump, supply

A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the return of flows.

But industry officials say a full return to pre-war production and refining levels is likely to take weeks, months or even years.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, oil, gas, output, hormuz, iran, trump, supply

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