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Goldman sees $120/bbl oil risk if attacks on Middle East vessels intensify, Bloomberg reports

Source: reuters.com

Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Goldman sees $120/bbl oil risk if attacks on Middle East vessels intensify, Bloomberg reports

Goldman Sachs said oil could rally to as much as $120 per barrel if Middle East attacks on shipping escalate. The bank recommended long exposure to natural gas and diesel to capture potential gains from worsening regional supply and transport disruptions.

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