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Goldman Sachs Raises Oil Price Forecast Again

Filed: Mar 12, 2026 at 10:04 AM ET
Summary: Goldman Sachs warns of potential oil price spike if Strait of Hormuz remains closed.
WHO: Goldman Sachs
WHAT: Oil price target hike
WHEN: Mar 12, 2026 at 9:41 AM ET
WHERE: Strait of Hormuz
WHY: Potential for a 2008-type price spike
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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