Goldman Raises 2026 Oil Forecasts After Strait of Hormuz Supply Shock
On March 23, 2026, Goldman Sachs raised its oil-price outlook for 2026 after concluding that the prolonged disruption of flows through the Strait of Hormuz amounts to the largest-ever supply shock to the global crude market. The bank now expects Brent to average $85 a barrel in 2026, up from a prior $77 forecast, and … Read more