Goldman Sachs Warns Brent Oil Could Hit $110

Goldman Sachs is signaling a potential spike in oil prices as regional tensions continue to impact the energy sector. Analysts suggest that Brent crude could climb above 110 dollars per barrel if attacks on oil tankers persist and further restrict exports from the Persian Gulf.

Current data shows that exports from the Gulf have dropped below 50 percent of their pre conflict levels. This sharp reduction in supply creates significant pressure on global energy markets, which often have a direct impact on inflation expectations and general market sentiment.

While the bank maintains a more conservative base case forecast of 80 dollars per barrel for late 2026, the current volatility remains a key factor to watch. Investors are keeping a close eye on how these supply disruptions influence broader economic conditions and, by extension, the appetite for risk assets like crypto.