Russian Deputy Prime Minister Alexander Novak said it will take several months for the global oil market to return to normal even after the reopening of the Strait of Hormuz. He made the remarks in an interview with Russia’s VGTRK broadcaster, according to Anadolu, noting that the Middle East crisis has caused a severe shortage of energy resources worldwide.

Novak explained that a large volume of oil has not reached the market and many ships remain stranded in the Hormuz Strait, making it difficult to restore balance quickly. He estimated that normal conditions could take months to reestablish.

The report recalled that Tehran took full control of the Strait of Hormuz on February 28 after a U.S.-Israel attack on Iran, disrupting global energy supplies across Asia. Although the conflict is currently suspended, efforts continue to achieve a lasting resolution.