EconomyHormuz crisis hides a deeper oil threat that could outlast the war
Petroleum geologist Art Berman warns that about 8 million barrels per day of Persian Gulf production remains shut in, and restarting the wells is far more complicated than reopening the Strait of Hormuz. Some wells could need weeks or months to recover, while others may never fully regain their former output.
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Fox News★★★★☆2026-08-23 10:00Original
Hormuz crisis hides a deeper oil threat that could outlast the war
Economy