Dossier
Hormuz Shock
Coverage of Hormuz Shock in the Nexus archive.
- Citi Says Oil May Slump to $60 as Hormuz Shock Fades Away
Citi predicts oil prices may decline to $60 as the impact of the Hormuz shock subsides.
- Goldman Hikes Oil Forecasts Again as Hormuz Shock Builds
Goldman Sachs has raised its oil price forecasts for the second time this year, citing growing concerns over potential disruptions in the Hormuz Strait. The firm anticipates a 'Hormuz Shock' could significantly impact global oil markets due to heightened geopolitical tensions in the region.