Oil markets brace for Hormuz reopening

Home » Oil markets brace for Hormuz reopening

POSTED ON: June 23, 2026 IN Media

The energy sector is preparing for a possible restart in oil production and trading following the reported peace agreement between the US and Iran. Economists say attention is now shifting to the reopening of the Strait of Hormuz and how quickly global oil markets could stabilise. Economist and Professor of 4IR Practice at the School of Economics from the University of Johannesburg, Miriam Altman, weighs in.

Credit: Newzroom Afrika

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