Oil production won’t return to normal until after Midterm Elections — no matter when Iran war ends, new analysis says
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Source: New York Post
Published: 2026-05-06 08:48 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Middle East, Military & Defence, Iran, Energy, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict
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Snippet:
It could take at least seven months for the world’s oil production to recover once the Strait of Hormuz reopens, market analysts warn — meaning that higher fuel prices will likely last through the Midterm Elections no matter when the war ends.
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