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Oil Prices Would Soar 30% If Iran Blocks Strait Of Hormuz, Goldman Says
Already up 15% over the last two weeks, prices for the Brent crude oil international benchmark could soar to its highest level in years if Iran blocks a key oil chokepoint.
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fortune.com
Oil prices could spike 10% after the U.S. attack on Iran — 'But don’t be fooled, this may not last'
Based on the closing price of Brent crude on Friday, a 10% jump would send the global oil benchmark to nearly $85 per barrel.
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theguardian.com
Oil prices expected to rise after US attack on Iran
Strikes stoke fears of escalating regional conflict that could shut down vital strait of Hormuz shipping route
