Rabobank energy strategists said even if the Strait of Hormuz reopens, voyage
times and tanker redeployment from the Persian Gulf to major Asian importers
will be the main constraint on how quickly the oil market can rebalance. A laden
tanker typically needs about 28–55 days to reach India, China, Korea or Japan,
implying inventories will keep drawing down after supply resumes. Strategists
Joe DeLaura and Florence Schmit added that vessels rerouted around the Cape of
Good Hope to reach the Atlantic basin would take an estimated 1–2 months to
fully restart operations after any pause in hostilities.
