[stoneman24]

If the wells have been throttled back or stopped. There can be issues when production is reduced (or even worse stopped), restarting & resuming the previous production rates can be very difficult and time consuming. There’s a lot of complex multi-phase physics that can prevent the restart. Sometimes wells, just don’t restart.

I hope that you are right and we are just filling the storage tanks and waiting for the straits to re-open, so the hit to the market is minimised.

Iran do seem to be losing but that doesn’t mean the US is winning. The US needs to get the oil/gas moving through the straits and on the market, otherwise there will be big hit at the gas pumps and other economic factors.

[rngfnby]

Producers have already been announcing force majure to legally stop production.

Qatar gas being the big one for LNG. It'll takes them two weeks to restart four to get to full production. So a tight LNG market has 20% of the world production out for three weeks.