Goldman Sachs expects fuel supply disruptions linked to the Strait of Hormuz crisis and refinery outages to keep refining margins, especially for diesel, significantly above historical averages through 2026.

Goldman warns of potential supply shock from Strait of Hormuz disruptions. Crude oil reaching a new all-time high by September 30 at 21.5% YES.

Goldman Sachs expects fuel supply disruptions linked to the Strait of Hormuz crisis and refinery outages to keep refining margins, especially for diesel, significantly above…