# Goldman Sachs warns that oil prices could stay above the $100 a barrel mark for the rest of 2026 if the Strait of Hormuz stays shut for another.

*business · news · 2026-04-09 · City A.M.*

## Key points

- Goldman Sachs warns oil could stay above $100 a barrel through 2026 if Hormuz remains closed.
- Iran barred tankers from the Strait of Hormuz hours after agreeing to a temporary ceasefire.
- Goldman's base-case expects oil flows to resume this weekend, with Brent falling to $80 by late 2026.
- The Strait's closure is described as one of the most severe supply shocks in modern history.

**Companies:** Goldman Sachs
**Countries:** Iran, United States, Israel

[Read the full story on City A.M.](https://www.cityam.com/oil-prices-could-remain-above-100-a-year-says-goldman/)

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