The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.

Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.

But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.

Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.

The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t…

Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.

American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.

The war in the Middle East has sent prices soaring, showing how much the world continues to depend on reliable supplies of oil and gas.

Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on…