In a de-escalation scenario, a halt in hostilities by April or May could support a phased recovery, with transits normalising by July. Insurance coverage and infrastructure repairs would slow the pace of full commercial return, commodity analytics firm Kpler noted. The two-week ceasefire announced by the US and Iran could lead to a phased recovery in tanker flows by mid-year, analysts and industry sources say. However, the normalisation would be gradual, with insurance and infrastructure constraints delaying a ... [3710 chars]
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