Goldman Sachs predicts Brent crude could hit $120 if Hormuz disruptions last until 2027. New all-time high by December 31 at 9.5% YES.

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