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Why It Could Take Months for Gas Prices to Fall, Even If the Strait of Hormuz Reopens

The New York Times – Business:

Some wells can be turned on in days or weeks, but bringing the Gulf’s energy system back to something akin to normal will take months.

Rebecca F. Elliott and Ivan Penn
Author: Rebecca F. Elliott and Ivan Penn

This post first appeared in The New York Times – Business. Read the original article.

Written by

Rebecca F. Elliott and Ivan Penn

in

Oil (Petroleum) and Gasoline, Persian Gulf, Ships and Shipping, US and Israeli Attack on Iran (2026), Wells
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