Restoring oil flows through the Strait of Hormuz likely to take months, banks say
Bank analysts warn that oil shipments through the Strait of Hormuz and crude production are unlikely to return to pre-conflict levels quickly despite an interim U.S.-Iran agreement. Goldman Sachs, BNP Paribas and Bank of America all highlighted logistical, operational and geopolitical hurdles that could stretch normalization over several months, ke…