CoinScoopGoldman Sachs Raises Oil Forecasts Amid Middle East Tensions
Renewed Houthi attacks on Saudi energy infrastructure and U.S.-Iran clashes near the Strait of Hormuz have pushed Brent crude prices toward $100 per barrel. Goldman Sachs has responded by increasing its year-end oil price forecasts and projecting a potential rise to $120 if supply disruptions continue.
Summaries are written by AI from the original article. Not investment advice.