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News›Goldman Sachs Flags Risk of $120 Oil on Mideast Attacks

Goldman Sachs Flags Risk of $120 Oil on Mideast Attacks

Hyperdash News|09/07/2026 02:45 UTCCommodities

Goldman Sachs warns that oil prices could reach $120 per barrel if attacks on shipping in the Middle East intensify. The investment bank's projection indicates a substantial upside risk for crude oil. This forecast suggests significant volatility and potential price hikes for energy markets.

SourcesBloomberg

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