MidEast Still A 'Highly Uncertain Environment' for Oil, Says Daan Struyven

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• Free Analysis Rule Based Analysis not AI OIL Bearish 70% 6h
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Original source

Daan Struyven, co-head of global commodities research at Goldman Sachs, said that despite a cease fire between the US and Iran and oil tankers moving through the Strait of Hormuz, the risks around oil remain 'very, very significant.' Struyven said that oil import weakness in China is not sustainable and the country will aim to restock their oil supply, as well as turn to other sources of energy in the wake of recent energy supply shock. (Source: Bloomberg)

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Original article published by Bloomberg on July 7, 2026. Analysis and insights provided by AnalystMarkets AI.

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