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Event Brief

Goldman warns of $150 oil peak amid supply concerns

Goldman Sachs raises oil price target, citing potential spike if Strait of Hormuz remains closed.
WHO: Goldman Sachs
WHAT: warns of $150 oil peak
WHEN: Mar 12, 2026 at 5:59 AM ET
WHERE: Strait of Hormuz
WHY: supply concerns due to potential closure
Sources (1): MarketWatch

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