Qatar: Restoring Hormuz Strait Energy Flows May Take At Least Two to Three Months

Qatar's Energy Minister Saad Al-Kaabi warned that restoring oil and gas flows through the Strait of Hormuz to their normal levels will take at least two to three months, according to what Energy Intelligence magazine, the specialized energy publication, reported from him.

The Strait of Hormuz is considered one of the most sensitive waterways globally, as roughly one-fifth of global oil supplies pass through it, in addition to massive quantities of liquefied natural gas that Qatar exports to Asian and European markets.

Al-Kaabi's remarks come amid escalating concerns about the security of energy supplies in the region, at a time when global oil and gas markets are awaiting any developments that may affect shipping movement through this strategic strait located between the Arabian Gulf and the Sea of Oman. Observers believe that this extended timeline carries real risks for global energy markets in the near term.