IEA Head says even if the ward ends soon “it will take a long time to have oil and gas rehabilitated. It will be six months for some [sites] to be operational, others much longer”, FT reports
Importance
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- On previous oil release, pointed out that such releases would not solve the loss of Middle Eastern energy. “The single most important action is the resumption of transits through the Strait of Hormuz,” he said.
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