Analysts Tell OPEC+ Hormuz Disruption to Last Through Year End

Article content (Bloomberg) — Oil industry experts have told OPEC+ that supply disruption caused by the closure of the Strait of Hormuz will persist to the end of the year, even if the waterway reopens promptly. Article content Consultants and analysts gathered at OPEC’s Vienna headquarters for a technical meeting on Monday warned that it will take many months to return to pre-war operations, according to two attendees of the event. They asked not to be identified as the meeting was private. Article content Article content The Strait of Hormuz — through which 20% of the world’s oil and gas had…