Goldman Sachs Warning: Brent Crude Could Skyrocket to $120 Amid Hormuz Disruptions

Goldman Sachs has issued a stark warning to the energy markets, suggesting that Brent crude could surge to $120 if disruptions in the Strait of Hormuz persist. This geopolitical volatility poses a direct threat to global energy stability and price predictability.
With a 45.1% probability of WTI hitting $90 in July, the market is bracing for significant shifts. Persistent tensions in critical maritime corridors could drive massive inflationary pressure and force a rapid reassessment of risk across both commodity and traditional financial markets.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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