Goldman Sachs Sees Brent Crude Trading at $80-$90 Until Iran Conflict Outlook Clears

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Markets

4 August 2026 at 7:51 pm

Goldman Sachs Sees Brent Crude Trading at $80-$90 Until Iran Conflict Outlook Clears

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Summary

Goldman Sachs predicts Brent crude prices will remain between $80 and $90 per barrel until there is clarity on the US-Iran nuclear talks, citing significant tightening in physical oil markets due to reduced exports from the Gulf and Russia.

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