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Strait of Hormuz, Goldman Sachs and oil

Bloomberg · 4d

Oil Could Spike to $90 If Strait of Hormuz Shut, Citigroup Says

Brent crude could jump to around $90 a barrel if the Strait of Hormuz is closed, according to Citigroup Inc., which added that a prolonged halt to shipping through the crucial waterway would be unlikely.

Forbes on MSN · 1d

Rising Oil Prices Could Spike Another 30% If Iran Blocks Strait Of Hormuz, Goldman Warns

Already up 15% over the last two weeks, prices for the Brent crude oil international benchmark could soar to its highest level in years if Iran blocks a key oil chokepoint.

Reuters on MSN · 1d

Goldman Sachs warns of oil price surge on Strait of Hormuz risks

Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that would lead to significant spikes in oil and natural gas prices, the bank said in a note dated Sunday.

Oil hits 5-month high

Reuters on MSN · 2d

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites

A U.S. attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.

USA Today · 1d

Oil hits five-month high after US strikes key Iranian nuclear sites

The rise in prices came after President Trump said he had "obliterated" Iran's main nuclear sites in strikes over the weekend.

U.S. News & World Report · 1d

Oil Gains and US Stock Futures, Asian Shares Slip After US Strikes Iran Nuclear Sites

Global markets appeared to take the U.S. strike against nuclear targets in Iran in stride as investors watched to see how Iran will react. The price of oil initially jumped more than 2% but fell back slightly on Monday.

7hon MSN

GasBuddy expert says claims gas prices will see 'massive spike' are 'incorrect on the highest level'

GasBuddy's Patrick De Haan spoke with Fox News Digital on gas prices and markets opened slightly higher, oil down.

1don MSN

Japan's yen sinks as spike in crude oil overpowers safe-haven appeal

The Japanese yen, normally one of the most sought after safe havens in times of geopolitical stress, has dropped 2.4% against ...

16hon MSN

Why oil is tumbling and stocks are rising after Iran launched missiles at US bases

Oil sold off sharply and stocks rallied after Iran fired missiles toward US bases in Qatar and Iraq that appeared to be ...

5don MSN

History shows what has to happen for the Israel-Iran conflict to trigger an oil spike

Deposing Iran’s Supreme Leader Ayatollah Ali Khamenei and his regime may cause a sustained spike in oil prices ...

Free Malaysia Today on MSN2d

Investors brace themselves for oil price spike, rush to havens after US bombs Iran nuclear sites

There are concerns US military action against Iran would send inflation higher, dampening consumer confidence. Read more at ...

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