Persian Gulf Oil Supply Expected to Resume by Late July
2026-07-09 11:10

Woofun AI reports that Goldman Sachs anticipates Persian Gulf oil flows will resume by the end of July, contingent upon the continuation of 60-day negotiations and the restoration of Iran's oil waivers. This scenario necessitates an additional 6.6 million barrels per day passing through the Strait of Hormuz. Conversely, if negotiations collapse and tanker attacks escalate alongside a potential US blockade of Iranian oil, regional supply flows could experience further declines.

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