Tuesday, 21 July 2026 · World
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EUROS The World Financial Report
Nº 10 Tuesday, 21 July 2026 · World Edition
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Oil prices to hit $120 soon? Goldman Sachs makes big prediction as Hormuz concerns loom

Markets-Economic Times · 6h ago · 🇮🇳 India
Oil prices to hit $120 soon? Goldman Sachs makes big prediction as Hormuz concerns loom

Goldman Sachs has warned Brent crude could spike to $120 per barrel if disruptions through the Strait of Hormuz persist, though its base case assumes easing Middle East tensions and prices averaging $80 in Q4.

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