Global oil and economic recovery will take time despite US-Iran peace deal

AI Summary

Despite a peace deal between the United States and Iran, the global recovery of oil supplies is expected to be slow due to prior infrastructure damage and disrupted strategic trade routes. The ongoing geopolitical crisis continues to significantly impact the national and global economy.

PUTRAJAYA (June 15): The recovery of global oil supplies is expected to take time despite a peace deal between the United States and Iran, following infrastructure damage and disruptions to strategic trade routes caused by the conflict. Economy Minister Akmal Nasrullah Mohd Nasir said the ongoing global geopolitical crisis has significantly impacted the national economy, [...] The post Global oil and economic recovery will take time despite US-Iran peace deal appeared first on Borneo Post Online.