Crypto news outlet CoinDesk reported that Goldman Sachs’ analysis indicates Gulf states are accelerating the construction of oil pipelines that bypass the Strait of Hormuz to reduce reliance on the strait. Goldman’s analysis suggests that the risk of the Strait of Hormuz will gradually weaken, while the current geopolitical premium embedded in Brent and WTI oil prices is unlikely to dissipate quickly. Goldman projects that by the end of 2027, more than 45% of Gulf oil exports will be able to avoid the risks of the Strait of Hormuz, and expects this figure to rise to over 60% by the end of 2028.

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DeFiFarmer
· 5h ago
This kind of geopolitical premium—once you get used to it, it’s very hard to eliminate; the inertia is even tougher than that of a pipeline.
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DojiPainter
· 5h ago
The deterrence of Hormuz is weakening, but the panic tax in oil prices is still being collected
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TrapMultiSig
· 5h ago
Is Goldman Sachs’ forecast a bit optimistic? How smooth could the implementation of infrastructure really be?
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CrossMarketCarrier
· 5h ago
If you avoid it by 60%, the situation in Iran’s favor card will become harder and harder to play.
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BollingerBandWalker
· 5h ago
The Gulf states have finally figured it out: they can’t keep their lifeline in someone else’s hands.
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