Goldman warns oil could hit $120 if Hormuz attacks persist
By The BriefBrief
Goldman Sachs warned that Brent crude prices could rise to $120 a barrel if attacks on the Strait of Hormuz continue. Brent is on track to surpass $100 per barrel for the first time since July.
WHO:Goldman Sachs
WHAT:Goldman Sachs warned oil prices could surge to $120 a barrel if attacks on the Strait of Hormuz continue.
WHEN:Reported Sep 7, 2026 at 8:23 AM ET
WHERE:Location not specified
WHY:Cause not yet established.
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