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Goldman Analysts Alert: $150 Oil Potential as Iran Threatens to Block Strait

Published by news.bitcoin.com on 7 hours ago

Goldman Analysts Alert: $150 Oil Potential as Iran Threatens to Block Strait

Amid escalating tensions in the Middle East, recent U.S. airstrikes targeting Iran have raised concerns about the possibility of Tehran obstructing oil shipments through the Strait of Hormuz.

Analysts at Goldman Sachs have highlighted an increasing risk premium in the oil markets, as focus shifts to the potential dangers facing one of the globe's most crucial energy shipping channels.

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