Brent Oil Price Could Exceed $110 – Warns Goldman Sachs

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Goldman Sachs said Brent crude prices could rise above $110 per barrel if renewed attacks on tankers continue to disrupt oil exports through the Persian Gulf. The bank said Gulf exports have fallen to below 50% of pre-conflict levels, tightening global supply. While Goldman maintained its base-case forecast of $80 per barrel for late 2026 …