The analyst predicted oil prices after the unblocking of the Strait of Hormuz

After the end of the conflict between Iran and the United States and the complete unblocking of the Strait of Hormuz, oil prices are likely to go down significantly. This forecast was made by Vladimir Demidov, an analyst of the resources and energy market, head of the Future Energy Laboratory at Moscow State Medical University Skolkovo, on Friday, April 3.

According to the expert, the Persian Gulf countries will need to regain their market share. Therefore, they are likely to offer their oil at great discounts, he added.

"This will lower the overall oil prices, but then, when the Gulf states regain the market, prices will start to rise. Therefore, I think that in the next few months, volatility in the oil market will continue," Demidov said in an interview with Lenta.Ru .

Eastern translation: is the United States able to assemble a coalition to control the Strait of Hormuz

And how the escalation of the conflict in the region is delaying negotiations on a Ukrainian settlement

Bloomberg reported on April 1 that the international coalition for unblocking the Strait of Hormuz, consisting of 35 states led by the United Kingdom, plans to switch from diplomacy to economic pressure on Iran in the event of a failure of the negotiation process. Only after exhausting all diplomatic and economic instruments, the coalition members intend to move on to discussing the scenario of a potential military intervention, RT reports.

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