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Bloomberg•Jul 11, 2026
Hormuz Reopening Faces Costly Hurdles
Senior Fellow at the Council on Foreign Relations Clara Gillespie says Gulf energy flows face an uncertain recovery as producers work to clear ships, bring in tankers, restart halted output and repair damage to refineries, LNG facilities and ports. She says the Strait of Hormuz remains unstable, wit
"Reopening Hormuz Strait faces numerous challenges including clearing ships, securing tankers, and restarting halted production"
"Damage to refineries, LNG facilities, and ports requires extensive repair before energy flows can resume"
