Global markets reacted positively after President Donald Trump announced a delay to planned attacks on Iranian energy facilities following what he described as productive talks. Oil and gas prices retreated from recent peaks, offering some relief to investors. However, analysts caution that the broader conflict remains unresolved and that key supply routes, including the Strait of Hormuz, are still disrupted.

Significant damage to energy infrastructure in the Gulf, including facilities in Qatar, is expected to take years to repair. The continued closure of major shipping routes threatens to create a sharp drop in liquefied natural gas supplies as existing shipments reach their destinations. Experts warn that even if fighting eases, restoring full production and exports will not happen quickly.

For households, the impact could be severe if high wholesale prices persist. Although energy bills are temporarily shielded in some cases, sustained disruption may push up regulated price caps and fixed tariffs later in the year. Rising energy costs could also fuel inflation and increase borrowing costs, compounding financial pressure on consumers and businesses.