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Oil markets ‘far’ from normal even as some Strait of Hormuz issues ease: TD

Middle East 1 source 1 country 🔦 Under-reported 9m ago

A recent report from TD Bank indicates that global oil markets have yet to return to normal conditions, despite a reduction in tensions surrounding the Strait of Hormuz. While some immediate logistical pressures have eased, the analysis suggests that the overall environment remains unstable compared to pre-conflict levels.

The report emphasizes that the risk of future disruptions to the oil supply chain remains significantly elevated. This persistent volatility suggests that the global energy sector continues to face heightened uncertainty linked to ongoing geopolitical tensions.

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