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strikeSep 8, 2026

Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz Strait

Summary

Daan Struyven, co-head of global commodities research at Goldman Sachs, said in an interview to Bloomberg that recent developments suggest the risk of widening and worsening shipping disruptions has become an important concern.

Source: Veer Sharma — Read the full report

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  • Veer SharmaBy Veer Sharma

    Daan Struyven, co-head of global commodities research at Goldman Sachs, said in an interview to Bloomberg that recent developments suggest the risk of widening and worsening shipping disruptions has become an important concern. The situation worsened over the weekend after the US…

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