Hormuz relief may not ease the economic toll that's already 'baked in,' analysts warn

AI Summary

Reopening of the Strait of Hormuz has alleviated the most immediate danger to global energy supplies, but economic impacts from ongoing conflict are expected to continue for months. Analysts caution that the financial toll remains significant despite relief.

Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.