Goldman Sachs says Brent may rise above USD 120/bbl in FY26 Q4 if Hormuz remains disrupted
Goldman Sachs' projection for Brent crude to potentially exceed USD 120 per barrel hinges on ongoing disruptions in the Strait of Hormuz, a key oil shipping route.
Australia's Foreign Minister Wong says Australia wants a two-state solution and peace in the Middle East, adds stability in the Indo-Pacific needs strong ASEAN at its core
New Zealand's Foreign Minister says New Zealand and Philippines form comprehensive partnership
Goldman Sachs says Brent may rise above USD 120/bbl in FY26 Q4 if Hormuz remains disrupted
[MARKET ANALYSIS] DXY is little changed in quiet FX trade, while NZD outperforms on firmer-than-expected CPI data
Explosions heard in Iran's Abdanan, according to Al Jazeera
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This outlook may heighten volatility in energy markets and impact inflation expectations, making it critical for traders to monitor geopolitical developments in the region closely, as they could influence both commodity prices and broader market sentiment.
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