BUSINESS● ELEVATEDJul 21 · Jul 21, 2026, 4:31 AM
Strait of Hormuz bottleneck could push Brent oil past $120, Goldman Sachs warns
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Goldman Sachs warns that a bottleneck in the Strait of Hormuz could cause Brent oil prices to exceed $120. This forecast indicates a potential significant impact on global energy markets and the economy.
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