Oil, gas supplies could take months to return to normal after Iran deal, energy experts say

The price per liter of unleaded petrol and diesel is pictured in front a Shell petrol station in Wrotham Heath, southeast England, May 7. AFP-YonhapNEW YORK — High oil and gasoline prices and energy supply problems won't 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 world’s 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 the strait mean the effect won't be seen immediately, they said.Ships loaded with crude oil have been stranded in the Persian Gulf for more than three months, unable to safely travel through the waterway,…

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