Oil Prices Remain High Despite Ceasefire, Warns Middle East Expert
Amena Bakr, Head of Middle East & OPEC Insights at Kpler, has cautioned that despite a recent ceasefire, oil prices are expected to remain elevated. The ongoing supply disruptions and shipping backlogs are anticipated to take months to resolve. These logistical challenges continue to impact the global oil market, keeping prices high even as geopolitical tensions ease. The ceasefire, while a positive development, does not immediately address the underlying issues affecting oil supply chains. 
