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Goldman Says Brent Could Top $120 If Hormuz Disruptions Persist

Brent could rally to more than $120 a barrel by the fourth quarter if disruptions of the Strait of Hormuz persist, according to Goldman Sachs Group Inc., although that’s not the bank’s base case.

July 21, 2026 World Bloomberg

Brent could rally to more than $120 a barrel by the fourth quarter if disruptions of the Strait of Hormuz persist, according to Goldman Sachs Group Inc., although that’s not the bank’s base case.

This story was indexed from the original publisher. Read at Bloomberg

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