Goldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which imports most of its crude oil, a sustained oil price rally could increase the import bill, weaken the rupee, fuel inflation, widen the current account deficit and raise petrol and diesel prices.

Goldman warns Brent oil may exceed $120 if Hormuz disruptions continue. WTI reaching $120 in July 2026 at 0.9% YES.

At present, Goldman sees Brent at $80 a barrel in the fourth quarter, and $75 next year, predicated on a de-escalation of tensions in the Middle East | World News

Goldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which imports most of its crude oil, a sustained oil…

Goldman Sachs says oil could hit $120 a barrel if the Middle East war escalates and Hormuz traffic stays disrupted.

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…

Goldman Sachs warns oil could hit $120 if the Strait of Hormuz stays closed. WTI reaching $120 in July 2026 at 0.9% YES.

"This scenario assumes Gulf output only fully recovers by Dec27, supported by pipeline extensions."

Goldman warns Brent crude could hit $120 if Hormuz disruptions continue. WTI reaching $90 in July priced at 45.1% YES.

Indian government bonds weakened in early trade as oil prices extended gains. Rising crude prices could widen India's trade deficit and stoke inflationary pressure. Bargain buying…

Indian government bonds declined early Thursday as Middle East tensions escalated. Crude oil prices neared $100 a barrel, and U.S. Treasury yields also rose. Higher oil prices…

Brent crude nears $100 amid West Asia tensions, with analysts warning of higher inflation, a wider current account deficit and slower GDP growth for India.