KEY POINTS MAIN STORY Goldman Sachs Group Inc. reported in a research note on Sunday that it had significantly increased its long-term oil price projections due to the ongoing maritime conflict in the Middle East. The bank’s analysts, led by Daan Struyven, explained that the effective closure of the Strait of Hormuz has created a … Continue reading Goldman Sachs hikes 2026 oil forecast citing “largest-ever” supply shock