Goldman says Hormuz oil flows may recover to only 70% after war
Goldman says Hormuz oil flows may recover to only 70% after war
Oil flows going through the Strait of Hormuz may recover to only about 70% of their pre-war level, according to Goldman Sachs Group, which highlighted regional producers leaning on alternative routes. “This normalisation in gulf exports to pre-war levels might be achieved with a 13-million-barrel-a-day increase in Hormuz flows from current levels,†analysts including Yulia…
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Oil flows going through the Strait of Hormuz may recover to only about 70% of their pre-war level, according to Goldman Sachs Group, which highlighted regional producers leaning on alternative routes. “This normalisation in gulf exports to pre-war levels might be achieved with a 13-million-barrel-a-day increase in Hormuz flows from current levels,†analysts including Yulia…
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