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Iran war: Oil prices could reach $150 a barrel

City A.M. | London's Business Newspaper - News, Opinion, & Anal… March 8, 2026
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Oil prices are likely to soar past $100 (£74) per barrel within days and could reach $150 (£112) by the end of the month if the severe disruption to the Strait of Hormuz is not eased, Goldman Sachs has warned. The bank said it will revise its oil price forecast soon unless it sees evidence [...]

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