Daniel Sternoff
Coverage of Daniel Sternoff in the Nexus archive.
- Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
Experts say oil and gas supplies may take months to return to normal after an agreement to end the Iran war and open the Strait of Hormuz. High prices and supply issues persist due to delayed shipping, refining challenges, and security concerns, with countries like Iraq facing longer recovery times.
- Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
Energy experts say oil and gasoline supplies may take months to normalize after an agreement to end the Iran war and reopen the Strait of Hormuz, due to stranded ships, security concerns, and slow restarts of operations. Factors like shipping delays, refining processes, and paused oil extraction in the Middle East contribute to prolonged supply disruptions.
- Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
Energy experts predict oil and gasoline supplies will take months to normalize after an agreement to end the Iran war and reopen the Strait of Hormuz. Challenges include stranded ships in the Persian Gulf, slow shipping and refining processes, and uncertainty about the security and stability of the reopened strait.
- UAE leaves OPEC to pursue "accelerated" production
The United Arab Emirates has exited OPEC after over 50 years, citing a need to align with its long-term energy strategy and increased domestic production capacity. The move weakens OPEC's ability to manage oil supply and prices, as the UAE is the group's third-largest producer. Experts suggest the decision reflects shifting geopolitical alliances and market dynamics.