Fitch expects durable deal to reopen Strait of Hormuz in early 2027 - Anadolu Ajansı
Fitch expects durable deal to reopen Strait of Hormuz in early 2027 - Anadolu Ajansı
Source: Anadolu Ajansı
―
DW NOTE
Fitch is projecting early 2027 for a durable reopening of the Strait of Hormuz — meaning they expect another fifteen months of restricted flows through a waterway that normally carries 21 million barrels of oil per day. The strait has been partially closed since spring, with tanker traffic down more than half in recent days. If Fitch is right, this is not a disruption; it is a structural realignment of global energy flows lasting longer than most recessions.