Goldman Flags $100-Plus Brent If Hormuz Shut for Another Month

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Neutral
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94%
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Short Term

Article Context

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Brent crude is set to average more than $100 a barrel right through 2026 if the Strait of Hormuz were to remain closed for another month, according to Goldman Sachs Group Inc.

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Original article published by Bloomberg on April 9, 2026.
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