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Goldman Sachs: If US-Iran talks continue, Persian Gulf oil supply could recover by the end of July

2026-07-09 05:55:17

Goldman Sachs expects on July 9 that if the 60-day negotiations continue and the Iran oil waiver is restored, Persian Gulf oil flow will recover before the end of July, requiring an additional 6.6 million barrels per day through the Strait of Hormuz. If negotiations break down and tanker attacks escalate, while the US may impose a blockade on Iranian oil, Persian Gulf flow could further decline. (Jin Shi)

GS-1.20%

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