EconomyOil prices could reach $120 amid escalation in Middle East waters — Bloomberg
Goldman Sachs analysts said an escalation in attacks on vessels in Middle Eastern waters could drive oil prices to $120 per barrel. Prices could fall to $80 if regional oil exports return to normal. The report also reviewed US-Iran military actions surrounding the Strait of Hormuz and their impact on energy transit.
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TASS★★★★☆2026-09-07 09:33Original
Oil prices could reach $120 amid escalation in Middle East waters — Bloomberg