Hormuz Reopening: Navigating Energy Flow Restrictions

Clara Gillespie, a senior fellow at the Council on Foreign Relations, highlights the challenges facing Gulf energy flows as producers work to clear ships, bring in tankers, restart halted output, and repair damage to refineries, LNG facilities, and ports. She notes that the Strait of Hormuz remains unstable, with shipping still below pre-war levels and U.S. pressure on Iran complicating efforts to restore safe passage. This situation could create potential supply chain disruptions for global oil and gas markets.