775 26/6/17 Energy Market May Take Many Months to Return to Normal

[Lalala11]

1. Amid news of a tentative deal between the US and Iran, questions remain about when a fifth of the world's crude oil will start flowing again.

2. "We've been in this situation before where there's a deal that may be imminet, but then it falls apart."

3. GasBuddy analyst Patrick De Haan.

4. "Still too early to say the coast is clear."

5. Bryce Borton was at the gas pump in Columbus, Ohio, where price drops in the oil market have yet to reach to cosumers.

6. Oil producers that throttled back will need time, and Lloyd's analyst Richard Meade says the shipping sector is not rushing back to the Strait of Hormuz.

7. Capital Economics estimates that by September, energy flows will reach 80 percent of prewar levels. I'm Jennifer King.

As a verb, throttle primarily means to choke or severely restrict a process or flow. It spans both physical actions and technical/figurative restrictions