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Tuesday, July 21, 2026
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Article Market Watch

Oil prices could surpass $120 per barrel if disruptions in Strait of Hormuz don’t ease, says Goldman Sachs

Market Watch July 21, 2026 · 9:00 am Read Original
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Oil prices could surpass $120 per barrel if disruptions in Strait of Hormuz don’t ease, says Goldman Sachs

Analysts at the investment bank, led by Daan Struyven, see oil prices averaging $100 a barrel next year if traffic continues to be affected through the waterway.

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Article Info
Source Market Watch
Published Jul 21, 2026 · 9:00 am
Article ID oz4tciu
Original URL Open source
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Neutral 0.0
−100Neutral+100
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