BIST10013.974,14▼ 0.00%London's Bleeding Market: Mitie Sold for £3.1bn in Private Equity ExitUSD/TRY47.4506▲ 0.20%THY's Strategic Leap into Sustainable Aviation: Partnership with Airbus in SAFFA FundEUR/TRY53.9788▲ 0.30%Bluecore Energy Raises $10M to Build Portable Nuclear Reactors on BargesBTC/USD$66,659.32▲ 2.62%Trump's Trade Squeeze: Canada's Defiant Stance Under CarneyGOLD6.195,15▲ 0.15%Novo Nordisk Sues Eli Lilly Over Allegedly Deceptive Weight‑Loss AdsBRENT$91.32▼ 0.00%Funding the Dream College: Should You Tap $300K of a $1.2M Retirement Nest Egg?THY and HAVELSAN Sign Deal for 12 New Flight Simulators: A Turning Point for Domestic Production and Pilot TrainingBIST10013.974,14▼ 0.00%London's Bleeding Market: Mitie Sold for £3.1bn in Private Equity ExitUSD/TRY47.4506▲ 0.20%THY's Strategic Leap into Sustainable Aviation: Partnership with Airbus in SAFFA FundEUR/TRY53.9788▲ 0.30%Bluecore Energy Raises $10M to Build Portable Nuclear Reactors on BargesBTC/USD$66,659.32▲ 2.62%Trump's Trade Squeeze: Canada's Defiant Stance Under CarneyGOLD6.195,15▲ 0.15%Novo Nordisk Sues Eli Lilly Over Allegedly Deceptive Weight‑Loss AdsBRENT$91.32▼ 0.00%Funding the Dream College: Should You Tap $300K of a $1.2M Retirement Nest Egg?THY and HAVELSAN Sign Deal for 12 New Flight Simulators: A Turning Point for Domestic Production and Pilot Training

StocksJuly 21, 2026 at 01:40 PM

Oil Prices at Risk of Hitting $120/Barrel if Strait of Hormuz Disruptions Persist

724FinanceSinan Kılıç

Oil Prices at Risk of Hitting $120/Barrel if Strait of Hormuz Disruptions Persist

Goldman Sachs analysts, led by Daan Struyven, warn that oil prices could average $100/barrel in 2025 if traffic disruptions through the Strait of Hormuz continue. However, a resolution could lead to rapid price corrections. This scenario poses risks to global commodity markets and industrial supply chains. Factors like China's industrial demand and LME copper stockpiles could exacerbate the pressure. Markets must assess the long-term implications while prioritizing energy security.