Goldman Sachs has reversed its recent bearish oil outlook, warning that renewed disruptions in the Strait of Hormuz could delay Middle Eastern production recovery and tighten global crude supplies.

Oil market uncertainty remains high, as analysts debate whether lower prices will spur stronger demand while importers prepare for the possibility that Iran and Oman could impose…

Goldman Sachs warns Strait of Hormuz oil flows may recover to just 70% of pre-conflict levels. Here's what that means for crypto and global markets.