LONDON, June 15 - A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the return of flows.But industry officials say a full return to pre-war production and refining levels is likely to take weeks, months or even years.The following explores the main energy implications of the tentative deal.WHAT DOES THE DEAL CHANGE IMMEDIATELY?
Explainer-Middle East oil and gas output will take months to fully recover
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Story Timeline
Mon 04:51 - Euronews
Energy experts warn of slow oil and gas supply recovery after Iran deal
Mon 05:36 - Al-Monitor
Iran, US agree to halt war and reopen Hormuz, sending oil prices tumbling
Mon 10:45 - DW All
Iran war: Will the global energy crisis end soon?
Mon 10:45 - DW Top
Iran war: Will the global energy crisis end soon?
Mon 14:36 - Al-Monitor
Explainer-Middle East oil and gas output will take months to fully recover