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

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."

Global oil prices surge above $90 after Iran attacks tankers in the Strait of Hormuz, raising fears of prolonged crude supply disruptions.

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