Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow

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AI Fusion Summary

A tentative agreement to end the war in Iran and reopen the Strait of Hormuz provides positive news for the global economy. However, oil will not immediately return to pre-war flow levels through this key shipping artery. Experts indicate that it could take several weeks or even months for oil to fully flow again. Consequently, oil prices, inflation, and energy flows will not see an immediate return to their previous states following the conflict.
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