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Oil could surge to $120 a barrel if Hormuz attacks escalate, warns Goldman Sachs

Goldman Sachs warns of a potential surge in oil prices to $120 a barrel if attacks in the Strait of Hormuz persist.

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Brent crude could exceed $100 for the first time since July.

This price spike would have major repercussions on the global economy and energy markets.

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Auto-synthesis from 1 media source · identified on September 7, 2026
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