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Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz Strait
Goldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further upside with prolonged disruption. Rising geopolitical risks, Strait of Hormuz tensions and supply concerns are keeping oil prices elevated.
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oilprice.com
Goldman Sachs Warns Oil Could Hit $120 as Shipping Risks Rise | OilPrice.com
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.
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tass.com
Oil prices could reach $120 amid escalation in Middle East waters — Bloomberg
If oil exports from the region return to normal, prices could fall to $80 per barrel, Daan Struyven, co-head of global commodities research at the bank, said
