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2026-08-20 18:17:07 UTC

TFTC on Nostr: IEA Executive Director Fatih Birol says even if the Strait of Hormuz reopens today, ...

IEA Executive Director Fatih Birol says even if the Strait of Hormuz reopens today, it could take up to two years for oil and gas production to return to pre-war levels.

"We should be prepared for rather volatile energy markets for some time to come."