Goldman warns Brent oil may exceed $120 if Hormuz disruptions continue

New warning on oil: Goldman Sachs says crude prices could cross $120 if Strait of Hormuz disruptions continue

Are Brent crude oil prices set to cross $120 per barrel again? According to Goldman Sachs Group Brent crude prices could climb above $120 a barrel in the fourth quarter if disruptions in the Strait of Hormuz continue.