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Oil Could Surge to $120 if Hormuz Disruptions Escalate, Warns Goldman Sachs
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News summary
Oil Could Surge to $120 if Hormuz Disruptions Escalate, Warns Goldman Sachs TipRanks Sep. 7, 2026, 11:04 AM Goldman Sachs said Monday that oil could climb to as high as $120 per barrel if shipping disruptions through the Strait of Hormuz and in the Middle East intensify.
- Importance
- Critical · 96/100
- Impact direction
- Negative