World : US Energy Agency Expects Oil Market To Normalise By Early 2027 Despite Hormuz Risks

ISTANBUL, May 13 (Bernama-Anadolu0 -- The US Energy Information Administration (EIA) expects global oil production and trade flows to largely return to pre-conflict levels by late 2026 or early 2027, even as risks around the Strait of Hormuz continue to weigh on the oil market, Anadolu Ajansi reported.

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