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Oil supplies could still take months to get back on track despite a U.S.-Iran ceasefire Crude oil supplies have been stuck in the Persian Gulf for months. High oil and gasoline prices and energy supply problems wont be solved overnight, despite an agreement to end the Iran war and open the Strait of Hormuz announced Sunday.It will likely take months before energy companies can resume operations to the point of meeting the worlds demand, according to energy experts. The slow pace of the process of shipping and refining crude oil, and doubts about the security of traveling through th...
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