Research Paper

Energy Strategy Insights - After the US-Iran Agreement

Author	Ichiro Kutani
Summary	On June 17, the United States and Iran signed a 14-point memorandum of understanding to extend the ceasefire. Although temporary, the fact that both sides have agreed to resume navigation through the Strait of Hormuz and have begun ...
Outline	On June 17, the United States and Iran signed a memorandum of understanding to extend the ceasefire, marking a step forward toward stabilizing global energy markets. While a recovery in oil and LNG exports from the Persian Gulf is expected, it will take time for production to recover to pre-war levels. On the demand side, a rebound in demand as consumers are freed from the forced conservation, along with a refilling of stockpiles, is anticipated, which will delay a decline in oil prices. Learning from this crisis, importing countries will aim to reduce their dependence on the Middle East for oil and LNG supplies; however, a complete shift away from the region is not realistic. Measures must be strengthened in parallel, based on the assumption that a certain level of dependence on the Middle East will remain.
Keyword	insights, Strait of Hormuz, ceasefire agreement, oil supply and demand, Dependence on the Middle East
Media	ＨＰ (6/24/2026)
URL	https://test-eneken.mvmt.jp/en/energy_strategy_insights.html
Report PDF	https://test-eneken.mvmt.jp/data/13340.pdf