Global fuel prices are unlikely to see immediate relief even if the United States and Iran reach a ceasefire, according to a leading energy analyst, underscoring how deeply the closure of the Strait of Hormuz has rattled oil markets. Patrick De Haan, head of petroleum analysis at GasBuddy, said on Monday that talk of a ceasefire has created “premature expectations” of falling prices. The real driver, he said, is whether the strategic waterway—the chokepoint for roughly a fifth of the world’s

Tag-uri: Petrol