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<Commodity>Strait of Hormuz Disruption May Push Oil Prices to USD110 Peak, Warns G Sachs
Goldman Sachs issued a report warning of risks to global energy supply as a potential disruption in the Strait of Hormuz could lead to a spike in oil and natural gas prices.In Gold...
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<Commodity>Strait of Hormuz Disruption May Push Oil Prices to USD110 Peak, Warns G Sachs
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Goldman Sachs issued a report warning of risks to global energy supply as a potential disruption in the Strait of Hormuz could lead to a spike in oil and natural gas prices.

In Goldman Sachs' estimates, if oil passing through the Strait of Hormuz is halved within a month and continues to decline by 10% over the next eleven months, Brent oil futures could temporarily rise to a peak of USD110 per barrel and then recede mildly, bringing the average price of Brent oil futures to about USD95 per barrel in 4Q25.

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