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US-Iran interim deal offers lifeline to Gulf producers, but oil flows unlikely to normalise overnight

June 24, 2026 important, INTERVIEWS, Media 0

A satellite image shows an oil terminal at Kharg Island, Iran three day before the conflict erupted on 28 February 2026. | Reuters

Energy experts estimate output to rebound within weeks, but it may take months to rebuild shipping confidence and repair damaged energy assets.New Delhi: The interim US-Iran agreement has paved the way for the reopening of the Strait of Hormuz, but energy market experts caution that oil production and exports from major …

As US-Iran deal announcement paves way for Hormuz reopening, what lies ahead for India & oil markets

June 16, 2026 Energy Market, important, INTERVIEWS, Media 0

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, on 15 June. | Reuters

Crude prices fall as markets price out West Asia conflict risk. Analysts say India could benefit through lower import bill, easing inflation and improved energy security. New Delhi: The US-Iran peace agreement and the subsequent reopening of the Strait of Hormuz could help ease global energy supplies, lower crude prices and provide relief …

Umud is a Washington-based Energy Strategist and Senior Foreign Policy advisor and author of US Energy Diplomacy in the Caspian Sea Basin: Changing Trends Since 2001. He is serving as Faculty Associate – at George Mason University. Umud holds a Ph.D. in International Relations. He comes with extensive expertise and professional experience in global energy market studies, energy security, the geopolitics of climate change, industrial policy for clean energy, as well as foreign policy in the context of climate change and energy transition.

His primary research interests lie in energy diplomacy and energy transition, U.S. energy policy, the geopolitics of energy, Iran-Turkey relations, as well as Iran-Russia relations, the Caspian Sea region, Central Asia and the GCC. He has written about the geopolitics of energy and natural gas, political economy of hydrocarbon states, sustainable cities and mobility, the pace and trajectory of energy transition, the geopolitics of US sanctions against Iran oil exports, and the geopolitics of energy in Europe, the Eastern Mediterranean, Middle East, Central Asia, and Caspian Sea Region.