Banks Project Slow Oil Recovery in Hormuz Post-US-Iran Deal

Analysts from two banks forecast a multi-month recovery for oil flows through the Strait of Hormuz and overall oil production following the interim U.S.-Iran peace deal. This slow recovery suggests sustained pressure on global oil supply despite the geopolitical agreement. The recovery is expected to span "several months," according to reports released on June 18, 2026. This extended timeline indicates that the immediate impact of the deal on crude oil availability will be gradual, potentially affecting commodity prices and shipping logistics for an extended period.