Goldman Sachs warns an extended disruption in Strait of Hormuz could double oil price ...Middle East

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Goldman Sachs warns an extended disruption in Strait of Hormuz could double oil price
Goldman Sachs on oil prices, via an interview with CNBC:"If you have a disruption in the Strait of Hormuz for a month, [oil] prices would rise by 20% and could even eventually double if the disruption of the Strait of Hormuz lasted for longer"---Disruption is looking more likely than it has done in a while:Oil traders note - Biden is drawing up plans that include striking Houthi targets in Yemen This article was written by Eamonn Sheridan at www.forexlive.com.

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