Event Brief
Goldman warns oil could hit $120 if Hormuz attacks persist
By The BriefBrief · Sources (3)
Filed: Sep 07, 2026 at 9:10 AM ET
Summary: Goldman Sachs warned that Brent crude prices could rise to $120 a barrel if attacks on the Strait of Hormuz continue. The report says 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: Sep 07, 2026 at 8:23 AM ET
WHERE: Location not specified
WHY: Cause not yet established.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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