Brent crude oil prices are on track to surpass $100 per barrel for the first time since July

Goldman Sachs says worsening attacks on Middle East shipping could push oil prices to $120 per barrel as tensions around the Strait of Hormuz escalate.

Goldman Sachs warns oil could hit $120 as US-Iran attacks threaten Strait of Hormuz shipping, risking a major supply shock and higher energy prices. | Business News

Tanker attacks in Strait of Hormuz spark fears of wider supply disruption