Oil industry analysts have informed OPEC+ that supply disruption from the closure of the Strait of Hormuz will persist through year-end, even if the waterway reopens promptly. Consultants and analysts gathered at OPEC's Vienna headquarters for a technical meeting Monday, warning that returning to pre-war operations will take many months.

The private meeting saw experts explain that the Strait of Hormuz closure represents a significant disruption to global oil supplies. Attendees asked not to be identified as the discussion was confidential. The Hormuz waterway handles about a fifth of global oil consumption, making its closure particularly impactful for markets already facing supply constraints.

The extended disruption could mean higher prices and tighter supplies in global markets. OPEC+ now faces the challenge of balancing production cuts with maintaining market stability during this uncertain period. The oil market will need to adapt to reduced supplies from this critical chokepoint for the remainder of 2026, potentially affecting economic growth in oil-importing nations.