分析师: The reopening process of the Strait of Hormuz is slow, with oil price risks still tilted to the upside

Odaily News: Neil Crosby of Sparta Commodities stated in a report that the reopening of the Strait of Hormuz will take time, and restoring supply to over 50% "may take a month." He noted that after the recent significant pullback in oil prices, price risks are clearly tilted to the upside because "there are still many things that could go wrong," while if everything proceeds as planned, the additional downside is limited. "Even if the rest of the political processes advance as scheduled, the vessels currently trapped in the Persian Gulf may be quite slow to exit the area. There is also the issue of mine clearance, which cannot be sped up either." (Jin Shi)