CoinScoopGoldman Sachs forecasts Brent crude at $120 if Hormuz disruptions persist through 2027
Goldman Sachs (Goldman Sachs) projects that Brent crude oil prices could reach $120 per barrel if disruptions in the Strait of Hormuz continue until 2027. Such prolonged instability is expected to significantly impact global energy markets and geopolitical dynamics.
Summaries are written by AI from the original article. Not investment advice.