16 Hrs
Source:
الاقتصادية
الاقتصادية
Ready to play
Ready to play
Goldman Sachs Group expects the oil price to rise to around $120 per barrel if attacks on shipping in the Middle East increase, especially with ongoing tensions around the Strait of Hormuz, where the U.S. has attacked Iranian tankers and Iran plans to declare new restricted zones. Conversely, the group forecasts that oil exports from the Gulf will return to about two-thirds of pre-war levels, amid a continued general rise in energy prices, particularly natural gas and petroleum products. Investors are advised to hedge against geopolitical risks by purchasing natural gas and refined products.
Notice: This Is an AI-Generated Summary
Comments (0)