# Oil prices could reach $120 amid escalation in Middle East waters — Bloomberg

https://mins.news/en/item/48144

- TASS, 2026-09-07 09:33 UTC
- Economy
- Original: https://tass.com/economy/2183561

> 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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