Int’l Investment Banks Review Crude Price Forecasts On Escalation Of Iran11 War

Investment banks have commenced lifting crude price forecasts as tensions around the Strait of Hormuz raise the possibility of supply disruptions from one of the world’s most critical energy corridors. Analysts at Goldman Sachs recently raised their second-quarter Brent forecast by $10 per barrel, reflecting the growing risk premium tied to Middle East instability. The […]