The Commodities Feed: Dwindling oil inventories leave market increasingly vulnerable

Ongoing attacks in the Persian Gulf are blocking oil and LNG flows through the Strait of Hormuz, with no imminent resumption in sight; US-Iran negotiations show mixed progress while inventories continue to tighten. Even once the strait reopens, Kuwait Petroleum estimates it will take 6-8 weeks to restore output to 70% of normal levels, with full recovery taking an additional month, signaling prolonged disruption to energy shipping through this critical chokepoint.