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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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Economic TimesLean R·1h ago
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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Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz Strait

How 1 sources are covering this

Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz Strait

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