GOLDMAN SACHS WARNS OIL COULD HIT $100 Goldman Sachs says global oil prices could surge to $100 if exports through the Strait of Hormuz stay low for several weeks. Baseline: 5 more days at ~15% of normal exports, then gradual month-long recovery. Brent expected to average $76/barrel in Q2. Risk: Greater damage to oil infrastructure or prolonged Hormuz disruption could push prices higher. Worst case: 5 extra weeks at current low volumes could drive Brent above $100. Context: Brent last topped $100 in 2022 after Russia’s Ukraine invasion(*Walter Bloomberg)