Oil price may rebound to $60 per barrel in medium term after Ormuz reopeningExecutive summary: Brent crude could rise to around $60 per barrel within six to twelve months after the Strait of Hormuz is reopened under the US‑Iran agreement. A price increase impacts global energy markets, inflation trends and the profitability of oil producers and consumers. United States, Iran, oil market participants, European refiners and traders. Prices may climb gradually, OPEC+ could adjust output, and monitoring of shipping flows will intensify.The reopening of the Strait of Hormuz following the US-Iran agreement is expected to increase oil supply, pushing Brent toward $60 per barrel within six to twelve months. This potential price rise reflects restored shipping routes and reduced geopolitical risk, though market response will depend on OPEC+ decisions and global demand. Analysts note that while the upside is clear, uncertainties remain regarding production compliance and broader economic conditions.Connected developments‘It’s a vulnerability’: Vance makes a political gamble with public-facing Iran roleLa apertura de Ormuz, una oportunidad para España y EuropaLa reapertura de Ormuz obliga a barajar de nuevoIrán exhibe su poder para controlar OrmuzLa apertura de Ormuz, una oportunidad para España y EuropaSe tardarán semanas en recuperar la normalidad en el estrecho de Ormuz, advierte una navieraOpen the full case file on Beyond →
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