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Brent crude may hit $120 if Hormuz disruption continues: Goldman Sachs
short by Soheib Ahsan / on Tuesday, 21 July, 2026
Goldman Sachs said Brent crude prices could cross $120 per barrel by the fourth quarter if disruptions to the Strait of Hormuz continue due to escalating tensions between US and Iran. The US-based investment bank added that Brent crude prices could settle at $80 per barrel in the fourth quarter and $75 next year if tensions in Middle East de-escalated.
read more at Moneycontrol