As ships prepare for oil to begin flowing from the Gulf, the reopening of the Strait of Hormuz remains precarious with various experts weighing in on the situation. While some forecasts suggest that traffic may normalize before the end of summer, others express skepticism about a swift return to prewar levels. A recent ceasefire agreement between the United States and Iran includes plans for gradually restoring navigation, yet market analysts warn that prolonged closure could lead to a deepening global oil shock. Energy Secretary Wright remains optimistic, indicating that the Strait could reopen this summer at the latest, but uncertainty looms as traders navigate the potential for rising oil prices and economic impacts.