Goldman Sachs Reports Oil Flows Through Strait of Hormuz Recover to Two-Thirds of Pre-Conflict Levels
Goldman Sachs stated that oil shipments through the Strait of Hormuz have rebounded to approximately two-thirds of their volume prior to the US-Iran conflict. This recovery has mitigated the impact of geopolitical tensions on global crude oil prices, contributing to a positive market sentiment for Bitcoin and other risk-on assets.